16
Nov
08:39
Global Ferronickel earns more despite lower sales
Despite nickel ore sales in the nine months ended 30 September falling year-on-year, Global Ferronickel, the second-largest nickel ore producer in the Philippines, still achieved growth in earnings, according to the company’s quarterly report.
Gross revenue and net profit in the third quarter declined 5.3% and 10.5% respectively year-on-year. This brought the two figures for the first three quarters of the year to PHP 6.4 billion ($127 million)&nbs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous