FNI Q2 profit surges 71.3% on higher nickel prices, shipments

WIRE — GLOBAL Ferronickel Holdings, Inc. (FNI) posted a 71.3% increase in second-quarter (Q2) attributable net income to P761.87 million from P444.80 million a year earlier, supported by higher nickel ore prices and stronger overall shipment volumes. Consolidated net income rose 71.9% to P759.71 million from P441.95 million, while revenue increased 52.9% to P3.18 billion from P2.08

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