Global Ferronickel Holdings Inc. (FNI), one of the Philippines’ leading nickel ore exporters, more than tripled its attributable net income to ₱1.53 billion for the first nine months of 2025 from ₱502.6 million in the same period last year due to a jump in ore prices. In a disclosure to the...
Businessman Joseph C. Sy divested 31 percent of his ownership in Global Ferronickel Holdings Inc. (FNI) to Senior Vice President Mary Belle Bituin, transferring the majority of his 43.5 percent personal stake in the company. In a disclosure to the Philippine Stock Exchange, the company said the...
Global Ferronickel Holdings Inc. (FNI) is urging the release of its embattled chairman, Joseph Sy, who continues to be detained in the Bureau of Immigration (BI) facility in Bicutan, Taguig City. In a stock exchange filing on Tuesday, Sept. 9, FNI reported that the Regional Trial Court (RTC) of...
The Securities and Exchange Commission (SEC) is “closely monitoring” the arrest of Global Ferronickel Holdings Inc. (FNI) Chairman Joseph C. Sy over allegations of misrepresentation of his citizenship. “Given Mr. Sy’s role as chairman of a publicly listed company, the SEC is closely...
The country’s leading mining groups are urging the government to immediately release Joseph Sy, chairman of Global Ferronickel Holdings Inc. (FNI), following his arrest by the Bureau of Immigration (BI), which they described as “unlawful.” In separate statements on Monday, Aug. 25, the...
Global Ferronickel Holdings, Inc. (FNI), one of the Philippines’ leading nickel ore producers, tripled (up 200.4 percent) its attributable net income to ₱622.1 million in the first half of 2025 from ₱207.1 million in the prior year as a jump in prices and stable costs offset lower shipments....
Early shipment ore shipment and higher nickel prices led to a 1,568 surge in the attributable net income of Global Ferronickel Holdings, Inc. to ₱177.3 million in the first quarter of 2025 from just ₱10.6 million a year ago. The firm reported to the Philippine Stock Exchange that its revenues...
Despite lower revenues and earnings last year, Global Ferronickel Holdings Inc. (FNI) is aiming for double-digit revenue growth in 2025 and is allowing ₱711.8 million in capital expenditures to achieve this. In a disclosure to the Philippine Stock Exchange, FNI said it is committed to maintaining...
Global Ferronickel Holdings Inc.’s (FNI) operating arm in Palawan, Ipilan Nickel Corporation (INC), expects to increase exports after reporting an early start to nickel ore shipments to China this year. In a disclosure to the Philippine Stock Exchange, FNI said the MV Maple Unity left the INC...
Global Ferronickel Holdings, Inc. (FNI), a leading nickel ore producer in the Philippines, has decided to cancel plans to venture into steel processing which would have entailed the construction of a $50 million rebar steel rolling plant. In a disclosure to the Philippine Stock Exchange, the firm...
Global Ferronickel Holdings Inc. (FNI), a leading nickel ore producer in the Philippines, reported a 67.6 percent drop in attributable net income to P502.6 million in the first nine months of 2024 due to lower nickel prices. In a disclosure to the Philippine Stock Exchange (PSE), the firm said this...
Global Ferronickel Holdings Inc., a leading nickel ore producer in the Philippines, reported a 40.8 percent drop in attributable net income to P207.1 million in the first half of the year from P349.5 million in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the...
