Australia's Whitehaven Coal jumps most in nearly 70 weeks on profit beat

Whitehaven Coal

20/02/2025 24:51

** Shares of Whitehaven Coal  WHC.AX  rise as much as 9.1%
to A$5.66, last up 7.9%
    ** Shares of Australia's leading independent coal miner are
set for their biggest intraday pct gain since October 18, 2023
    ** Company posts half-year underlying net profit after tax
of A$328 million ($207.79 million), higher than the Visible
Alpha consensus of A$219 million
    ** Co has also declared an interim dividend of 9 Australian
cents per share


($1 = 1.5785 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))