Australia's Whitehaven Coal slips on steep annual profit drop and lower dividend

Whitehaven Coal

21/08/2025 01:40

** Shares of Australia's Whitehaven Coal WHC.AX fall as much as 4.2% to A$6.16, their lowest level since July 21

** Stock marks weakest trading session since July 28

** Coal miner posts 57% drop in annual underlying NPAT from lower realised prices and higher cost of sales

** Declares final dividend of 6 Australian cents per share, less than half the 13 cents it paid out last year

** Stock last down 2.2%, trimming YTD gains to 1.5%

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com))