LISTED mining and oil firm Apex Mining Co., Inc. (APX) said on Tuesday its consolidated net income in 2016 jumped 351 percent to P322 million against the P71.4 million recorded in 2015 on the back of higher production output and improved average metal prices.

In a disclosure to the Philippine Stock Exchange, APX said parent company net income rose 160 percent to P440.5 million in 2016 from P169.3 million in 2015.

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