Yancoal profit plunges despite lower operating costs

YANCOAL Australia has reported a 16% decrease in annual net profit after tax for 2019 to $719 million despite a reduction in operating costs and increased production.

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Yancoal profit plunges despite lower operating costs Yancoal profit plunges despite lower operating costs Yancoal profit plunges despite lower operating costs Yancoal profit plunges despite lower operating costs Yancoal profit plunges despite lower operating costs

Yancoal's Moolarben open cut coal mine in NSW.