Whitehaven earns $4B off lower production

WHITEHAVEN Coal has reported record full-year revenues and earnings despite producing less run-of-mine coal during the 2022-23 financial year.

Whitehaven earns $4B off lower production Whitehaven earns $4B off lower production Whitehaven earns $4B off lower production Whitehaven earns $4B off lower production Whitehaven earns $4B off lower production

Whitehaven Coal chief executive Paul Flynn.

The company's earnings before interest, tax, depreciation and amortisation were $4 billion, a 30% increase on the $3 billion of FY22 while revenue was 23% higher than FY22 at $6 billion.