Global Ferronickel Holdings, Inc. 1H2019 Net Income soars more than 25x to P105.3Mn
August 13, 2019Global Ferronickel Holdings, Inc. (PSE: FNI), the second largest Nickel ore exporter in the country, increased its net income by more than 25x to Php 105.3 million for the first half of 2019 as against the Php 4.0 million it recorded in the same period last year. Revenue grew by 24.1% year-on-year to Php 1,774.8Mn from Php 1,430.6Mn in 1H2018.