Nickel Asia net drops due to lower ore prices

By Ed Paolo Salting

Aug 04, 2023 12:19 am

NICKEL Asia Corp. on Thursday reported an attributable net income (net of minority interest) of P1.7 billion in the first half, down 55 percent from P3.8 billion a year ago, based on unaudited results.

Excluding equity interest in the Coral Bay and Taganito high-pressure acid leach (HPAL) projects, the firm said that the resulting attributable net income of P1.8 billion was 33 percent lower year on year.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

IMI restructuring overseas operations

MVP Group firms take full ownership of DigiCo

Golden MV to expand Villar City via P5.2-B deal

GNPD submits lowest bid for Meralco supply

Ayala share offer gets SEC approval

Mabuhay Vinyl hikes Iligan plant's capacity

Shakey's PH to set up wholly-owned US unit