Benguet Corp posts PHP 760M net income, declares cash dividends

Benguet Corporation reported a consolidated net income of PHP 760 million in 2025, marking a 74% increase from PHP 436 million in 2024, as the company also declared cash dividends for its shareholders.

The country’s oldest publicly listed mining firm said the strong performance reflects improved operations and favorable market conditions during the year.

Consolidated revenues reached PHP 3.31 billion, up 38% from PHP 2.39 billion in the previous year, representing what the company described as its most significant top-line growth in recent years.

Benguet Corp attributed the increase to higher operational output across its core gold and nickel businesses, combined with stronger commodity prices.

Profitability indicators also improved, with basic earnings per share rising to PHP 1.06 in 2025 from PHP 0.61 in 2024, reflecting gains in both revenue and operational efficiency.

The company said the increase in net income was driven by margin expansion, supported by improved capacity utilization and continued focus on operational performance.

Alongside the financial results, Benguet Corp’s Board of Directors approved the declaration of cash dividends for all stockholders, signaling confidence in the company’s financial position.

Benguet Corp is one of the Philippines’ longest-running mining companies and continues to operate across key mineral segments, including gold and nickel.

What impact could Benguet Corp’s strong performance have on the broader mining sector in the Philippines?

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