Benguet Corporation reported a 74% increase in net income for 2025, supported by stronger production and higher commodity prices, as the board approved cash dividends for shareholders.
The company posted consolidated net income of 760 million pesos for the year ended Dec. 31, up from 436 million pesos in 2024, alongside a 38% rise in revenues to 3.31 billion pesos.
The results mark Benguet’s strongest top-line growth in recent years, driven by improved operational output across its gold and nickel operations.
Earnings per share rose to 1.06 pesos from 0.61 pesos a year earlier, reflecting both higher revenues and improved operating efficiency.
The company said margin expansion was supported by better capacity utilisation and cost management, indicating more sustainable earnings growth.
The board declared cash dividends for all stockholders, signalling confidence in the company’s financial position and outlook.
The move comes as mining firms in the Philippines benefit from firmer global metal prices and a more stable operating environment.
Benguet’s performance aligns with broader trends in the mining sector, where elevated gold prices and sustained demand for nickel—particularly from battery supply chains—have supported revenue growth.
The company’s results underscore improving fundamentals among Philippine miners, although earnings remain sensitive to commodity price movements and operational risks.
