Triple whammy halves Nickel Asia bottom line

MANILA, Philippines — Lower nickel ore prices amid an oversupply in Indonesian output caused the full-year earnings of Nickel Asia Corp. (NAC) by 53 percent to P3.7 billion in 2023 from P7.9 billion previously. In a stock exchange filing on Wednesday, NAC said the weighted average nickel ore sales price fell by 20 percent to
Read The Rest at :