INCO Reports Drop In Net Profit

PT International Nickel Indonesia PTNDY, or INCO, reported a decline in its January to September net profit. INCO's net profit for the period dropped to $319.9 million, from $328.5 million, in the year-ago period. INCO's revenue climbed to $1.0 billion from $947.1 million. INCO's average selling price gained to $19,323 per metric ton from $16,119 per metric ton.