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Benguet Corporation reported a consolidated revenues of P1.1 billion in Q2 2025, an increase of 33% compared to P0.8 billion posted in the same period last year. For the H1 2025, revenues reached at P2.1 billion, 66% higher than the P1.3 billion earned in the same period of 2024. After-tax net income in Q2 2025 amounted to P371 million, a growth of 72% from the P215 million recorded last year. This brings first-half 2025 net income to P624 million, more than double the P268 million in the first half of 2024. Earnings per share stood at P0.52 for the quarter and P0.87 for the first half.
The Company's operating margin increased to 43% in Q2 2025, compared to 29% in the same quarter last year. Management stated that the improvement in the margins is a reflection of the effort to increase commodity production and sales volume while maintaining efficiency in operations. Benguet's focus on sustainable growth is intrumental to enabling the Company to mark its 122nd year of operations. Despite volatility in foreign exchange rates and commodity markets, Benguet continues to deliver solid operating results. With first-half revenues already exceeding P2 billion and net income more than doubling year-on-year, Benguet is confident that 2025 operating results will surpass 2024 performance. Moving forward, management is committed to further strengthening its operations, pursuing growth opportunities, and enhancing shareholder value. |
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