SMPC will expand export reach—exec

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The story "SMPC will expand export reach—exec" was covered 12 hours ago by Business Mirror, a news publisher based in Philippines.

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SMPC will expand export reach—exec - Business Mirror

Quick Summary:

Consunji-led Semirara Mining and Power Corp.(SMPC) will focus on navigating market pressures this year while exploring growth opportunities following a 30-percent decline in its net income last year due to softer pricing.

Also in the power segment, SMPC is still interested to push forward with its 700-MW St.

For this year, SMPC expects Newcastle Index and Indonesian Coal Index 4 to consolidate around $114.6 and $48.9, respectively.