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| PX Daily Chart |
HIGHLIGHTS
• 1Q2017 CORE NET INCOME UP 18% TO P458 MILLION
• NET INCOME 3% HIGHER AT P432 MILLION
• US$4.0 MILLION DEBT REPAID IN FIRST THREE MONTHS; PARENT SHORT-TERM DEBT DOWN TO US$58.0 MILLION
• TAXES, FEES, AND CONTRIBUTIONS TO SOCIAL DEVELOPMENT MANAGEMENT PROGRAM (SDMP) AND ENVIRONMENTAL PROTECTION AND ENHANCEMENT PROGRAM (EPEP) REACHED P473 MILLION VS NET INCOME OF P432 MILLION
Manila, Philippines – The Board of Directors of Philex Mining Corporation (PSE:PX) (the “Company” or “PX”) today announced a Core Net Income of P458 million for the first quarter of 2017, 18 percent higher than 1Q2016’s P389 million. The improvement in the Company’s financial results was attributed to higher metal prices, partly offset by lower metal output
http://edge.pse.com.ph/openDiscViewer.do?edge_no=7cfa66ad9bb1f4e73318251c9257320d#sthash.Ck65KtnY.dpbs
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