Semirara Mining and Power Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was PHP 20,707.78 million compared to PHP 29,057.69 million a year ago. Net income was PHP 9,029.36 million compared to PHP 15,026.23 million a year ago.

Basic earnings per share from continuing operations was PHP 2.12 compared to PHP 3.54 a year ago. Diluted earnings per share from continuing operations was PHP 2.12 compared to PHP 3.54 a year ago.