Nickel Asia Corp. (PSE: NIKL) has announced that the company’s estimated value of shipments in 2017 rose by 9% to PhP14.45 billion from PhP13.23 billion in 2016. Although shipment volumes were lower compared to the prior year, the increase in revenues was due to higher average prices, in part the result of a change in the […]
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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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Manila—(PHStocks)—After a two-day decline, Philippine stocks recovered today as investors hunt for bargains. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.15% or 90.37 points to close today’s trading at 7,927.49. The wider All Shares index, meanwhile, recovered 44.82 points to finish at 4,730.32. Related Articles:PH Stocks Down AnewPHStocks Week in Review: Selling […]
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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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Manila—(PHStocks)—The Philippine Stock Exchange index flirted with 8,000 level yesterday—the inauguration of incoming President Rodrigo Roa Duterte—before closing down at 7,796.25, just 2.28 point lower from the previous day’s close. As intra-day high hit 7,980.75 yesterday, profit taking pulled back the gains as investors lock in their gains. For the month of June, below are […]
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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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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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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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