Business Segments Nickel Asia Corporation

Stocks

NIKL

PHY6350R1069

Specialty Mining & Metals

Market Closed - Philippines S.E. 02:58:20 2026-10-05 EDT			5-day change	1st Jan Change
3.830 ^PHP	+0.26%		-4.25%	-1.54%

08-07	Nickel Asia Corporation, H1 2026 Earnings Call, Aug 07, 2026
08-06	Nickel Asia Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (PHP)

Fiscal Period: December	2021	2022	2023	2024	2025
Diversified Metal Ores
Mining - TMC	12.12B	12.46B	9.96B	8.82B	12.07B
Total Assets	11.96B	8.27B	9.61B	9.39B	9.74B
Interest Expense	-20.13M	-24.05M	-22.72M	-22.35M	-19.58M
Income Tax Expense	1.61B	1.69B	1.09B	799M	1.66B
CAPEX	-339M	-500M	-1.15B	-608M	-239M
D&A	652M	678M	814M	772M	785M
Operating Income	6.92B	6.96B	4.73B	3.32B	6.56B
Net Income	3.57B	3.58B	2.49B	1.79B	3.43B
	-	-	-	-	0
Mining - RTN	6.34B	6.76B	6.17B	4.89B	7.77B
Total Assets	6.4B	5.12B	5.29B	5.23B	5.16B
Interest Expense	-14.81M	-21.51M	-21.23M	-17.06M	-6.83M
Income Tax Expense	871M	940M	697M	486M	772M
CAPEX	-160M	-120M	-696M	-341M	-383M
D&A	268M	253M	260M	265M	306M
Operating Income	3.74B	3.87B	3.16B	2.13B	3.4B
Net Income	1.91B	1.96B	1.56B	1.04B	1.68B
	-	-	-	-	0
Mining - CMC	5.1B	3.82B	2.78B	2.65B	3.69B
Total Assets	2.48B	2.88B	1.89B	1.7B	2.14B
Interest Expense	-4.73M	-4.16M	-7.24M	-8.1M	-6.19M
Income Tax Expense	378M	255M	187M	151M	324M
CAPEX	-112M	-80.51M	-186M	-68.8M	-13.51M
D&A	189M	174M	131M	87.14M	91.23M
Operating Income	1.89B	1.21B	925M	712M	1.45B
Net Income	1.47B	941M	694M	491M	1.07B
	-	-	-	-	0
Mining - HMC	2.68B	2.17B	2.24B	2.53B	3.23B
Total Assets	1.39B	1.68B	2.05B	2.8B	2.93B
Interest Expense	-1.5M	-1.12M	-3.26M	-6.68M	-8.55M
Income Tax Expense	191M	186M	178M	214M	225M
CAPEX	-38.17M	-105M	-743M	-339M	-368M
D&A	128M	119M	187M	215M	275M
Operating Income	930M	858M	871M	1.03B	1.02B
Net Income	673M	647M	656M	743M	769M
	-	-	-	-	0
Mining - DMC	12.55M	530M	414M	870M	612M
Total Assets	1.51B	2.56B	3.16B	3.19B	3.32B
Interest Expense	-1.46M	-1.46M	-3.35M	-22.88M	-54.88M
Income Tax Expense	-44.87M	25.56M	-95.07M	97.76M	13.8M
CAPEX	-26.67M	-119M	-685M	-633M	-497M
D&A	45.6M	52.89M	132M	188M	217M
Operating Income	-6.5M	89.43M	-251M	-111M	-195M
Net Income	-93.57M	13.36M	-262M	-343M	-302M
	-	-	-	-	0
Alternative Energy Resources
Power - NEI	341M	610M	688M	1.13B	1.06B
Total Assets	13.56B	11.97B	20.84B	25.01B	33.96B
Interest Expense	-141M	-183M	-295M	-311M	-282M
Income Tax Expense	2.18M	-5.42M	12.38M	61.93M	-14.05M
CAPEX	-1.09B	-1.38B	-2.95B	-6.8B	-7.12B
D&A	196M	241M	306M	320M	408M
Operating Income	84.13M	302M	311M	696M	521M
Net Income	-148M	98.38M	-84.74M	-1.43B	33.41M
	-	-	-	-	0
Power - NAC	166M	164M	194M	209M	227M
Total Assets	742M	733M	681M	603M	555M
Income Tax Expense	-	-	-3.2M	761K	19.1M
CAPEX	-	-4.7M	-2.49M	-1.52M	-1.52M
D&A	55.88M	55.44M	55.52M	55.73M	55.73M
Operating Income	62.68M	65.89M	55.28M	42.61M	76.22M
Net Income	62.99M	67.02M	52.93M	67.38M	57.72M
	-	-	-	-	0
Marine Transportation Of Freight
Services - RTN/TMC/CDTN	691M	1.5B	2.29B	1.27B	986M
Total Assets	123M	591M	1.01B	749M	442M
Interest Expense	-19.36M	-32.89M	-56.27M	-54.13M	-40.13M
Income Tax Expense	-	-	-	-	40.48M
CAPEX	-2.19M	-167M	-19.16M	-29.42M	-967K
D&A	220K	5.6M	37.86M	32.58M	28.68M
Operating Income	370M	595M	742M	640M	530M
Net Income	304M	414M	435M	384M	235M
Services - Others	952M	995M	844M	676M	928M
Total Assets	13.51B	15.94B	13.38B	12.97B	11.9B
Interest Expense	-40.67M	-38.48M	-37.26M	-40.97M	-64.43M
Income Tax Expense	328M	338M	159M	-172M	325M
CAPEX	-7.95M	-10.2M	-154M	-89.12M	-61.16M
D&A	75.94M	80.13M	79.79M	92.42M	103M
Operating Income	952M	995M	844M	676M	928M
Net Income	69.85M	217M	-1.79B	-1.22B	-705M
Services - HMC	-	-	929K	-	-
Total Assets	21.38M	18.97M	16M	15.76M	15.51M
Income Tax Expense	-6.37M	-741K	-741K	-62K	-62K
D&A	9.51M	2.96M	2.96M	247K	247K
Operating Income	-9.51M	-2.96M	-2.04M	-247K	-247K
	-	-	-	-	33.92M
Services - RTN/TMC	-	-	-	-	-
Interest Expense	-	-	-	-	-
Operating Income	-	-	-	-	-
	-	-	-	-	928M
Eliminations	-998M	-1B	-873M	-715M	-962M
Operating Income	-998M	-1B	-873M	-715M	-962M

Geographical breakdown of sales (PHP)

Fiscal Period: December	2021	2022	2023	2024	2025
China	19.45B	16.97B	14.76B	11.63B	14.88B
	-	-	-	-	266M
Indonesia	-	-	-	-	7.42B
Philippines	5.83B	10.29B	9.45B	7.22B	7.06B
Japan	2.13B	742M	487M	365M	266M
	-	-	-	-	7.06B
Singapore	-	-	-	3.12B	-
	-	-	-	-	7.42B
Australia	-	-	-	-	-
	-	-	-	-	14.88B