WHC whitehaven coal limited

News: WHC Australia's Whitehaven Coal posts 87% fall in annual profit

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    Aug 22 (Reuters) - Australia's Whitehaven Coal (WHC) reported an 87% drop in its full-year profit on Thursday, hurt by inflationary pressures and lower production at its flagship Narrabri mine.

    The country's largest independent coal miner reported net profit after tax attributable of A$355 million ($239.48 million) for the year ended June 30, compared with A$2.67 billion a year earlier and the Visible Alpha consensus estimate of A$767.3 million.

    ($1 = 1.4824 Australian dollars)

 
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