NHC new hope corporation limited

News: NHC Australian miner New Hope reports interim profit on surging coal prices

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    March 22 (Reuters) - Australian coal miner New Hope Corp (NHC) on Tuesday posted a half-year profit as prices of thermal coal rose in key markets, following a recovery in global demand for the commodity after a pandemic-induced slump.

    The company posted a profit attributable to shareholders of A$330.4 million ($244.23 million) for the six months ended Jan. 31, compared with a loss of A$55.4 million a year earlier.

    ($1 = 1.3528 Australian dollars)

 
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Last
$4.25
Change
0.040(0.95%)
Mkt cap ! $3.581B
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