Philex income falls to P305M; firm upbeat on Silangan

By The Manila Times

Jul 27, 2024 12:21 am

PHILEX Mining Corp. on Friday reported a second-quarter core net income of P305 million, down from the P314 million recorded a year earlier, even as output and prices rose.

Earnings before interest, taxes, depreciation and amortization (Ebitda) were higher year on year at P617 million from P553 million, the company told the stock exchange.

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