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06 Apr
09:18

FNI’s revenue grows despite lower nickel ore shipments

Global Ferronickel Holdings (FNI), the second largest nickel ore producer in the Philippines, has earned higher revenue in 2021 due to increased prices, though annual shipments have fallen at the same time, Kallanish learns from the company’s exchange filing. Revenues in the reporting year were up by 6.1% year-on-year to PHP 7.71 billion ($150 million), and net income meanwhile grew to PHP 1.98 billion, up 5.88% from the same period in 2020. “2021 has…
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