BENGUET POSTED P287M INCOME IN 2007
Benguet
Corporation posted a net income of P287 Million in 2007, as against
losses of P318 Million in 2006 and P270 Million in 2005. This is
attributable mainly to management’s streamlining of operations and
extraction of value from its various mineral properties. In addition,
the strengthening of the peso which generated substantial foreign
currency gains as well as the sale of chromite sand fines contributed to
the turnaround...(click here)
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