SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Aug 2, 2021

2. SEC Identification Number

91447

3. BIR Tax Identification No.

000190324

4. Exact name of issuer as specified in its charter

SEMIRARA MINING AND POWER CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2/F DMCI Plaza, 2281 Don Chino Roces Avenue, Makati City Postal Code 1231

8. Issuer's telephone number, including area code

632-88883000/88883055

9. Former name or former address, if changed since last report

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	4,250,547,620

11. Indicate the item numbers reported herein

9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Semirara Mining and Power CorporationSCC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Press Release: SMPC Q2 profit soars 279% to P4B; H1 earnings up 181% to P6.3B
Background/Description of the Disclosure
SMPC Q2 profit soars 279% to P4B; H1 earnings up 181% to P6.3B Integrated energy company Semirara Mining and Power Corporation (SMPC) reported a 279-percent upturn in second-quarter consolidated net income from P1.05 billion to P3.98 billion mainly due to record-high coal sales and prices. Its coal segment accounted for P3.04 billion, 504 percent higher from P503 million last year. Contributions from power subsidiary Southwest Luzon Power Generation Corporation (SLPGC) likewise grew by triple digits (730%) from a net loss of P57 million to P359 million. SEM-Calaca Power Corporation (SCPC), on the other hand, recorded a 3-percent dip in earnings contribution from P602 million to P581 million. At the end of the first half, SMPC consolidated net income stood at P6.28 billion, up by 181 percent from P2.24 billion and nearly double its 2020 full-year net income of P3.26 billion. “We had a very good second quarter because of favorable market conditions. Sustaining our performance will be a challenge given the onset of the rainy season and our plant outages but we are determined to optimize our performance,” said SMPC President and COO Maria Cristina C. Gotianun. Coal sales from April to June jumped by 96 percent year-on-year from 2.5 million metric tons (MMT) to 4.9 MMT, the highest quarterly sales volume ever recorded by SMPC. In the same period, average selling price of Semirara coal surged by 49 percent from P1,601 to P2,393 as Newcastle coal prices peaked at US$136 in June, the highest level in more than a decade. Total electricity sales in the second quarter grew by 11 percent from 892 GWh to 987 GWh owing to a 96-percent improvement in SLPGC gross generation. Meanwhile, average selling price rose by 43 percent from P2.87 to P4.11 on account of a 173-percent increase in spot selling prices. ###
Other Relevant Information
In accordance with SEC Notice issued on March 17, 2020, attached herewith is SEC Form 17-C for your immediate reference.