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BRIEF-Nickel Asia Says H1 Attributable Net Income 401.4 Mln Pesos

Published 08/07/2020, 05:36 PM
Updated 08/07/2020, 05:40 PM
© Reuters.
NIKL
-

Aug 7 (Reuters) - Nickel Asia Corp NIKL.PS :
* H1 ATTRIBUTABLE NET INCOME 401.4 MILLION PESOS VERSUS
694.2
MILLION PESOS
* APPROVED DECLARATION OF SPECIAL CASH DIVIDENDS OF P0.22
PER
COMMON SHARE
* LOWER H1 EARNINGS DUE TO STRICT QUARANTINE DURING APRIL
AND
PARTS OF MAY, AFFECTING ORE SHIPMENTS AT 3 OF CO'S 4 OPERATING
MINES
* DESPITE SHORTFALL IN SHIPMENTS DURING H1, "CAUTIOUSLY
OPTIMISTIC" THAT SHIPMENT VOLUMES FOR YEAR WILL BE CLOSE TO 2019
LEVELS

Source text for Eikon: ID:nPSX4qlHyL
Further company coverage: NIKL.PS

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