Nickel Asia profit slumps on lower ore prices

Nickel Asia Corp. (NAC), the country’s largest nickel ore producer, saw its attributable net income decline by 36 percent in the first semester due to weaker ore prices. In a disclosure to the local bourse, it said earnings dropped to P1.12 billion from the P1.175 billion booked in the same period last year. READ: Nickel
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