MANILA (Yosefardi) – Philex Mining Corporation, controlled by Salim Group, booked net income of P564.8 million in the first half of 2015, declined 5.8% from P600.46 million in the same period of 2014.
Revenues fell 17.3% to P4.48 billion from previous P5.35 billion. Gold contributed revenues of P2.89 billion and copper contibuted P1.87 billion revenues.
Its assets reached P43.98 billion while liability amounted P17.16 billion.