Coronado earnings up 30-fold

CORONADO Global Resources has increased its half yearly underlying earnings by more than thirty times despite inflation pushing up production costs at its Curragh open cut coal complex and the higher Queensland royalty regime.

Coronado earnings up 30-fold Coronado earnings up 30-fold Coronado earnings up 30-fold Coronado earnings up 30-fold Coronado earnings up 30-fold

Coronado’s capital investment in its Curragh operations drives the second half weighted production plans.

Adjusted earnings before interest, tax, depreciation and amortisation for the six months to June were 3205% higher at US$849.3 million, while revenue rose 147.

 

 

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