StockMarketWire.com - Philippines gold producer Metals Exploration swung to a first-half profit after it boosted output.

Pre-tax profit for the six months through June amounted to $6.0 million, compared to a year-on-year loss of $1.3 million.

Revenue rose 18% to $62.4 million on the back of an 11% increase in gold production to 35,316 ounces .


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