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10 Aug
04:31

Nickel Asia net income surges in first half

Nickel Asia, the Philippines’ largest producer of lateritic nickel ore, reported a 41% increase in attributable net income for the first half of 2022, Kallanish notes.  Based on unaudited financial and operating results, the group's attributable net income increased to P3.83 billion ($68.68 million) from P2.73 billion a year earlier. Despite lower ore volumes sold, revenue increased by 7% in H1 to P11.78 billion, from P11.01 billion last year, owin…
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