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Aboitiz Group accelerates projects as economy recovers

Aboitiz Group accelerates projects as economy recovers
sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.

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Atlas Mining swings to profit in first half

Atlas Mining swings to profit in first half
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Atlas Mining swings to profit on higher copper prices

BusinessWorld
May 7, 2021 | 7:10 pm
Atlas Consolidated Mining and Development Corp. on Friday reported a first- quarter net income of P420 million, a turnaround from its losses a year ago, on the back of higher copper prices.
The listed company, which incurred a P37-million net loss in January-March 2020, said in a regulatory filing that revenues in the first quarter this year fell 11% to P3.58 billion from P4.04 billion previously.
Its earnings before interest, tax, depreciation, and amortization (EBITDA) improved 3% to P1.68 billion from P1.62 billion.
For the period, Atlas Mining said the price of copper rose 55% to $3.93 per pound from $2.53 per pound, while gold price increased 14% to $1,797 per ounce compared to $1,574 per ounce last year. ....

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Nickel Asia income climbs 52% | BusinessWorld

BusinessWorld
March 12, 2021 | 12:02 am
NICKEL ASIA Corp. posted an attributable net income of P4.07 billion for 2020 or a 51.9% increase year on year due to higher ore export prices.
In a regulatory filing on Thursday, the listed company said its total revenues rose 21.5% to P21.77 billion from P17.92 billion in 2019.
“The significant improvement in the realized nickel price of the combined ore exports and ore deliveries to the two plants in 2020 more than offset the slight decline in sales volume and the less favorable (Philippine) Peso to United States Dollar exchange rate,” Nickel Asia said in the disclosure.
Nickel Asia disclosed that it exported 10 million wet metric tons (WMT) of nickel ore in 2020, a 3.9% decline from 10.4 million WMT the year earlier. ....

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PHL 2020 metals output up 1.3% by value

PHL 2020 metals output up 1.3% by value
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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