^

Business

Marcventures income rises

The Philippine Star
March 31, 2014 | 12:00am

MANILA, Philippines - Marcventures Holdings Inc., the parent company of nickel mining subsidiary, Marcventures Mining and Development Corp., reported a 788-percent improvement in its net income to P1.017 billion in 2013 from P114.5 million in 2012. Even as nickel prices declined, the company’s impressive performance was bolstered by a 260-percent increase in ore shipment volume to a record 2.8 million wet metric tons from 630,000 wet metric tons the previous year. As a result fully diluted consolidated earnings per share in 2013 went up by 9X to P0.59 per share from P0.062 per share in 2012.

.

 

COMPANY

MARCVENTURES

MARCVENTURES HOLDINGS INC

MARCVENTURES MINING AND DEVELOPMENT CORP

METRIC

MILLION

MINING

NICKEL

PER

SHARE
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest
Peso drops to P59:$1 level, lowest in 2 years

Peso drops to P59:$1 level, lowest in 2 years

By Ian Laqui | 10 hours ago
The latest exchange rate print is nine centavos weaker than the P58.91 closing recorded on Wednesday.
Business
fbtw
Court urged to void NAIA concession deal, airport fee hike order

Court urged to void NAIA concession deal, airport fee hike order

By Ian Laqui | 1 day ago
A consumer group has asked a Manila court to invalidate provisions of the concession agreement for the rehabilitation...
Business
fbtw
P200-billion solar farm in Nueva Ecija aims to be world's largest

P200-billion solar farm in Nueva Ecija aims to be world's largest

By Jean Mangaluz | 14 hours ago
Ground has been broken for the Meralco Terra (MTerra) Solar Project in Nueva Ecija, with an ambitious goal of becoming the...
Business
fbtw
‘Inflation pressures may prompt BSP to pause’

‘Inflation pressures may prompt BSP to pause’

By Keisha Ta-Asan | 1 day ago
The Bangko Sentral ng Pilipinas could hold rates steady next month if inflation pressures intensify, but it could also further...
Business
fbtw
BOP reverts to deficit

BOP reverts to deficit

By Keisha Ta-Asan | 1 day ago
The country’s balance of payments position swung to a deficit of $724 million in October, ending three straight months...
Business
fbtw
Latest
abtest
BSP axes 4 as crackdown on ghost employees continues

BSP axes 4 as crackdown on ghost employees continues

By Keisha Ta-Asan | 4 hours ago
The Bangko Sentral ng Pilipinas has dismissed four “absentee” employees in the offices of two former Monetary...
Business
fbtw
Profit-taking snaps market’s 4-day climb

Profit-taking snaps market’s 4-day climb

By Richmond Mercurio | 4 hours ago
The stock market snapped its winning streak as investors pocketed gains from a four-day rally.
Business
fbtw

Shortchanging our children

By Boo Chanco | 4 hours ago
The State, according to our Constitution, shall protect and promote the right of all citizens to quality education at all levels, and shall take appropriate steps to make such education accessible to all.
Business
fbtw
DigiPlus places bet on Brazil market

DigiPlus places bet on Brazil market

By Richmond Mercurio | 4 hours ago
Digital entertainment company DigiPlus Interactive Corp. has inched closer to scoring a win on its bet in Brazil’s gaming...
Business
fbtw

DTI releasing list of products for preferential procurement

By Louella Desiderio | 4 hours ago
The Department of Trade and Industry is set to release on Dec. 4 the list of Philippine products and services to be given preference in government procurement as part of the Tatak Pinoy Act.
Business
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with