Nickel Asia Expects 41% Growth in Shipment Value in 1H 2017

Taguig—(PHStocks)—Nickel Asia Corp.’s (PSE: NIKL) estimated value of shipments during the first half of 2017 rose by 41% to PhP7.16 billion from PhP5.08 billion during the same period last year. The increase is mainly due to higher prices for its nickel ore sales combined with higher shipment volumes and a weaker peso exchange rate. The […]
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Nickel Asia Net Income Fell to PhP980M for 9M 2016

Manila—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) today announced its financial and operating results for the nine months ended September 30, 2016 with attributable net income (net of minority interests) at PhP980 million compared to PhP2.49 billion reported for the nine months ended September 30, 2015. Earnings before interest, tax, depreciation and amortization (EBITDA) amounted to […]
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Nickel Asia 1Q 2016 Shipment Value Fell to PhP1.44B

Taguig—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) today announced that its four operating mines sold an aggregate 3.49 million wet metric tons (WMT) of nickel ore in the first three months ended March 31, 2016, similar to the volume of shipments achieved for the same period last year. However, due to lower ore prices, the estimated value of shipments dropped from PhP2.83 […]
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Nickel Asia Subsidiary Gets Additional Funding Needed for 2016 Clean Energy Projects

Taguig—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) today announced that its Board of Directors have approved an additional equity contribution of PhP660 million to its 66%-owned renewable energy (RE ) subsidiary, Emerging Power Inc. (EPI), and a PhP1.5 billion three-year term loan to be provided by NAC. These funds, together with bank financing at the project company level, will complete EPI […]
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Nickel Asia Announces 2015 Financial And Operating Results

Taguig—(PHStocks)—Nickel Asia Corp. (NAC; PSE: NIKL) has announced its audited financial and operating results for 2015 with attributable net income (net of minority interests) at PhP2.04 billion compared to PhP8.55 billion reported in 2014. Earnings before interest, tax, depreciation and amortization (EBITDA) amounted to PhP6.51 billion compared to PhP15.84 billion in the prior year. The company’s net income in 2015 […]
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