INTEGRATED energy company Semirara Mining and Power Corp. (SMPC) posted a 250-percent surge in its record net income of P36 billion in the first nine months of 2022, as against P10.3 billion posted in the same period last year.

In a disclosure to the local bourse on Wednesday, SMPC said the latest figure was more than double at 122 percent, higher than its 2021 net income of P16.2 billion.

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