17
Aug
11:27
Higher shipments push up FNI's first-half performance
Global Ferronickel Holdings Inc. (FNI), a Philippine nickel ore producer, achieved more favourable results in the first half of this year driven by a substantial increase in shipments and nickel ore prices, Kallanish notes.
The company's H1 revenue increased by 68.9% year-on-year to PHP 2.61 billion ($51.72 million), including ore sales of PHP 2.48 billion. Attributable net income improved by 226.3% to PHP 641.86m, from PHP 196.69m a year ago. Howeve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous