NHC new hope corporation limited

News: NHC Australia's New Hope Corp swings to annual profit as coal prices recover

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    Sept 21 (Reuters) - Australian coal miner New Hope Corp (NHC) swung to a full-year profit on Tuesday, as demand and price of coal rose in key markets having recovered from the pandemic-induced slump in 2020.

    For the year ended July 31, net profit attributable was A$79.4 million ($57.63 million), compared with a loss of A$156.8 million a year earlier.

    ($1 = 1.3778 Australian dollars)

 
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