DESPITE unseasonable wet weather, New Hope Group more than doubled its half-year net profit after tax year-on-year to $668.6 million on the back of strong realised thermal coal prices.
Refurbishment of New Acland's CHPP is underway.
The company's average realised price increased 142.9% to $467.40 per tonne in 2023 from $192.40/t at January 31 2022. The closing realised price was $410/t. Gross revenue from coal sales grew to $1.5...
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