Centennial Coal's net profit after tax was $52.4 million well up...

Centennial Coal's net profit after tax was $52.4 million well up on the prospectus forecast of $46.9 million. Earnings per share were 30 cents per share with a final unfranked dividend declared of 7 cents per share.


- CEY's production of 11.8 million tonnes and sales of 12.6 million tonnes respectively was at record levels.
- Export production and sales up by 38% while domestic sales were strong with Centennial continuing to supply around 40% of NSW's energy coal requirements.

CEY - a company "on the move" and set to increase export market share and take advantage of ever strengthening coal prices.

One of the best energy plays on the boards imo - no fanfare - no "whoooshing" or "toot tooting" - just steady growth.