Yahoo Philippines News - Live 2013 Philippine Elections News Updates and Results: Philex Mining core net income drops 35% in first nine months

Yahoo Philippines News - Live 2013 Philippine Elections News Updates and Results Get your latest 2013 Philippine elections news and stories about your Senatorial candidates from Purple Thumb. Apart from breaking news, we offer interactive information, photos and video you need to decide who to vote in the coming Philippine elections.

Crabtree & Evelyn. Pamper yourself and save money with value size items on sale. From our sponsors

Philex Mining core net income drops 35% in first nine months Nov 6th 2013, 03:06 Listed gold and copper producer Philex Mining Corp. on Wednesday said core net income in the first nine months of the year fell by more than a third on lower metals prices in the world market. In a disclosure to the Philippine Stock Exchange, the company said it posted a core net income of P1.479 billion, down 35 percent from P2.26 billion a year earlier. Net income – which takes into account the cost of doing business, taxes, depreciation, interest and other expenses – fell by 28 percent to P1.446 billion from P2.035 billion in the same comparable period. The Padcal Mine operations in Benguet milled 5.46 million tons of ore, yielding a 7 percent increase in copper output to 23.78 million pounds and a 2 percent increase in gold production to 72,905 ounces.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions