philex mining corp (PXMFF) Key Developments
Philex Mining Corp. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2013
Nov 7 13
Philex Mining Corp. announced unaudited consolidated earnings results for the nine months ended September 30, 2013. For the period, the company saw net income drop 28.91% to PHP 1.446 billion from PHP 2.035 billion in the same nine months last year. Diluted earnings per share was PHP 0.3050 against PHP 0.4287 for the same period a year ago. Core net income, which strips out one-time gains and costs, fell 34.63% to PHP 1.479 billion from PHP 2.262 billion. Revenue fell 16.33% to PHP 7.263 billion from PHP 8.680 billion, while cost and expenses dipped by a smaller 3.12% to PHP 4.94 billion from PHP 5.10 billion. That resulted in a 35.15% drop in income from operations to PHP 2.32 billion from PHP 3.58 billion. Income before income tax was PHP 2.27 billion against PHP 2.96 billion for the same period a year ago.
Philex Mining Corp. Presents at 2nd Annual dbAccess Philippines Conference 2013, Oct-16-2013
Oct 15 13
Philex Mining Corp. Presents at 2nd Annual dbAccess Philippines Conference 2013, Oct-16-2013 . Venue: The Peninsula Hotel, Manila, Philippines.
Philex Omits to Pay Interim Dividend
Sep 23 13
The board of directors of Philex did not declare an interim dividend in respect of the first half of 2013 compared to USD 0.003 per share in first half of 2012.
Philex Mining Corp. Appoints Danny Y. Yu as Senior Vice President, Chief Financial Officer and Compliance Officer
Sep 3 13
Philex Mining Corp. announced that at the board meeting held on September 2, 2013, appointed Danny Y. Yu as senior vice president and chief financial officer of the company effective immediately. Mr. Yu will also serve as chief compliance officer. Mr. Yu brings with him a wealth of experiance in the field of finance and operations from various industries. Prior to joining company Mr. Yu was the CFO of Digitel Communications Inc.
Philex Petroleum Corporation and Philex Mining Corp. Announce Resignation of Officer
Sep 2 13
Philex Petroleum Corporation announced the resignation effective 31st August 2013 of Mr. Renato N. Migriño as Treasurer and as Compliance Officer of the company. This is in line with Mr. Migriño's retirement from Philex Mining Corporation ("PMC"), which earlier announced that he is retiring from PMC effective 31st August 2013 and will remain as a consultant of PMC. Mr. Migriño will remain as a Director of the company.