The new guidance is a jump from $69.3 million.
The company attributed the jump to increased production and sales tonnages, coupled with substantially higher export coal prices in US dollar terms.
New Hope was trading mid-morning today at $4.76.
INTERNATIONAL COAL NEWS
New Hope upgrades guidance
COAL producer New Hope Corporation has upgraded its net profit after tax guidance for the 2008 fi...
29 August 2008
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