Philex Mining reports Q1 net income growth despite higher costs
Philex Mining's net income for Q1 2025 reached P131 million, a 14% increase year-on-year, although core profits fell due to rising operating costs. The company is focusing on its Silangan project to boost future production.
- Net income of P131 million for Q1 2025.
- 14% increase from the previous year.
- Core profits down 32.38% due to higher operating costs.