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Nickel Asia Posts Lower Q1 Income Despite Higher Ore Prices - BusinessWorld Online
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2 Articles
Nickel Asia posts lower Q1 income despite higher ore prices - BusinessWorld Online
NICKEL ASIA CORP. (NAC) reported an attributable net income of P371.77 million for the first quarter (Q1) of 2026, down 25.8% from P501.03 million a year earlier. In a disclosure on Tuesday, the listed natural resources development company said the decline reflected a higher base in the comparable period due to a one-time gain of P800.49 million from the sale of its 15.625% stake in Coral Bay Nickel Corp. Excluding the one-off gain, NAC said its…
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Bias Distribution
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50% Center
L 50%
C 50%
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