Nickel Asia Q3 profit jumps to P3.09B on higher ore prices, exports - BusinessWorld Online

Nickel Asia Q3 profit jumps to P3.09B on higher ore prices, exports - BusinessWorld Online

NICKEL ASIA CORP. (NAC) reported a more than twofold increase in attributable net income for the third quarter (Q3), driven by higher nickel ore prices and strong export performance. For the three months ended Sept. 30, the company’s attributable net income reached P3.09 billion, up 115.51% from P1.44 billion a year earlier, it said in a regulatory filing on Wednesday. Consolidated net income jumped to P4.232 billion from P1.946 billion in Q3 20…