^

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
Trump threatens to take back control of Panama Canal

Trump threatens to take back control of Panama Canal

13 hours ago
Incoming US president Donald Trump on Saturday slammed what he called unfair fees for US ships passing through the Panama...
Business
fbtw
Google counters bid by US to force sale of Chrome

Google counters bid by US to force sale of Chrome

1 day ago
Google late Friday countered a US call to sell its Chrome browser, suggesting a judge address antitrust concerns by barring...
Business
fbtw
DA, OceanX partner for marine research, sustainability

DA, OceanX partner for marine research, sustainability

By Jasper Emmanuel Arcalas | 1 day ago
The Department of Agriculture has partnered with global ocean exploration non-profit OceanX to advance exploration and assessment...
Business
fbtw

The real Christmas story

By Francis J. Kong | 1 day ago
Here is an old material I have kept for some time credited to anonymity. I guess this is the best time for me to share this with you.
Business
fbtw
Pinoys find ways to cope with rising prices – study

Pinoys find ways to cope with rising prices – study

By Catherine Talavera | 1 day ago
Sari-sari stores in the country saw double-digit increases in sales of seasoning and recipe mixes this year, highlighting...
Business
fbtw
Latest
abtest

Fed spoils Christmas party

By Wilson Sy | 3 hours ago
The merrymaking and the parties on Wall Street turned somber last week as investors digested the Federal Reserve’s hawkish surprise.
Business
fbtw

Poor business model

By Boo Chanco | 3 hours ago
The Metro Manila condo oversupply, now equivalent to 34 months, is not surprising.
Business
fbtw

Holiday exodus

By Marianne Go | 3 hours ago
The Christmas and New Year holiday exodus out of the city began over the weekend and will likely last until the first week of January.
Business
fbtw
Nomura: BSP likely to deliver three rate cuts in early 2025

Nomura: BSP likely to deliver three rate cuts in early 2025

By Keisha Ta-Asan | 3 hours ago
The Bangko Sentral ng Pilipinas (BSP) will likely implement a series of 25-basis-point (bp) rate cuts during its first three...
Business
fbtw
Cebu Pacific boosts fleet with new aircraft

Cebu Pacific boosts fleet with new aircraft

By Elijah Felice Rosales | 1 day ago
Low-cost carrier Cebu Pacific has welcomed its 16th aircraft for the year, raising its wide-body fleet for long haul routes,...
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