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Philex profits rise with higher metal prices

Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, reported a 25 percent growth in core net income to P676 million in the first quarter of 2022 from P540 million in the same period last year.
In a disclosure to the Philippine Stock Exchange, the fi ....

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Philex expects double-digit profit in 2021, better 2022

Philex Mining Corporation, one of the country’s top gold and copper producers, expects its net income to have grown double digits in 2021 as it rides on high metal prices.
“In terms of EBITDA growth and core income growth for Philex, it should be in the high teens for 2021 over 2020. Maybe even hig ....

Manuelv Pangilinan , Philex Mining Corporation , Philex Chairman Manuel ,

Philex profit surges on higher metal prices

Philex Mining Corporation, the country’s top gold producer, reported a 116 percent jump in core net income to P1.87 billion in the first nine months of 2021 despite the challenges posed by the Covid-19 pandemic.
In a disclosure to the Philippine Stock Exchange, the firm attributed the surge in earn ....

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