Australia's Whitehaven Coal's annual profit falls 57%

Whitehaven Coal

20/08/2025 23:47

Aug 21 (Reuters) - Australia's Whitehaven Coal WHC.AX reported a 57% drop in its full-year profit on Thursday, weighed down by subdued underlying coal prices and higher cost of sales.

The country's largest independent coal miner reported an underlying net profit after tax of A$319 million ($205.18 million) for the year ended June 30, compared with A$740 million a year earlier.

This beat the Visible Alpha estimate of A$261.1 million.

($1 = 1.5547 Australian dollars)

 (Reporting by Sneha Kumar and Sherin Sunny in Bengaluru; Editing by Mohammed Safi Shamsi)

 ((Sneha.Kumar@thomsonreuters.com;))