NHC new hope corporation limited

News: NHC Australia's New Hope Corp annual profit rises 41%

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    Sept 17 (Reuters) - Australian coal producer New Hope Corp (NHC) posted a 41% rise in its annual net profit, helped by stronger export thermal coal prices during the period.

    Net profit for the year ended July 31 came in at A$210.7 million ($144.73 million), compared with A$149.5 million last year, New Hope said in a statement.

    The company's revenue jumped 21 percent over the period.

    ($1 = 1.4558 Australian dollars)

 
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