Investor Presentaiton
NAC
NICKEL
ASIA CORP.
10
10
NIKL and EPI 1Q2023 HIGHLIGHTS
NICKEL MINING
Reported attributable net income of P970 million for
FY-2022, which was down 8% YoY due to FX losses on
Financial Assets amounting to P202 million.
The group's consolidated Earnings before interest,
taxes, depreciation, and amortization (EBITDA) totaled
P2.21 billion, relatively unchanged from the same period
last year.
We sold 2.39 mWMT of nickel ore for 1Q-2023, relatively
unchanged from last year's nickel ore sold.
Effective Feb. 17, 2023, we signed an LOI to be the
exclusive mining service contractor for Hallmark Mining
Corporation and Austral-Asia Link Mining Corp's
MPSA's (Mineral Production Sharing Agreement)
spanning 10,000 ha's
Part of this LOI is to also conduct feasibility study
to establish HPAL or equivalent mineral
processing plant
In April 2023, FinanceAsia awards NAC the Gold citation
for as the Philippines' Best Basic Materials Company.
RENEWABLE ENERGY (EMERGING POWER INC.)
Jobin-SQM Inc. (JSI) is now operating a total capacity to 100-
MW for the solar power plant, more than the 62-MW in the
same period last year, hence generation has increased to
37,628-megawatt hours, or an increase of X% YoY.
JSI's 1Q23 Revenues is up 84% YoY to P182.2 million.
JSI's EBITDA up 90% YoY to P151.3 million, and net income is
up 85% YoY to P26.30 million.
JSI's additional 72 MW in the Subic site is set to go online by
4Q2023.
130-MW plant pre-development activities underway with EPI's
other long-term lease agreement with the Subic Bay.
Metropolitan Authority (SBMA), with construction expected
to begin in early 2024
120 MW project under Greenlight Renewables (JV with Shell)
had started construction this 2Q2023.View entire presentation