Production surge helps lift Terracom's financial stakes

A 67% increase in saleable production for the first half of FY2019 has helped Terracom increase revenues 280% to $171.9 million and net profit after tax 123% to $3.2 million.

Production surge helps lift Terracom's financial stakes Production surge helps lift Terracom's financial stakes Production surge helps lift Terracom's financial stakes Production surge helps lift Terracom's financial stakes Production surge helps lift Terracom's financial stakes

Production has surged at Blair Athol.

Terracom chairman Wal King said the financial outcome for the period was driven by superior operating performance of the Blair Athol coal mine in Queensland.