Australia's Whitehaven falls as full-year profit drops 29%

Whitehaven Coal

19/08/2026 04:19

Updates
** Shares of Australia's Whitehaven Coal WHC.AX fall as much as 4.9% to A$7.380, their weakest intraday session since July 28
** Stock hits lowest level since August 10
** The coal producer posts 29% drop in FY underlying net profit after tax to A$227 million ($160.83 million), lower than A$319 million a year earlier and Visible Alpha estimate of A$247.6 million
** Average achieved coal price fell 6% to A$202 per metric ton
** UBS says FY26 earnings are in line, however flags that FY27 outlook appears to be conservative
** Stock down 0.3% YTD, including sessions' moves

($1 = 1.4114 Australian dollars)

 (Reporting by Shravya Marakini & Rajasik Mukherjee in Bengaluru)
 ((shravya.marakini@thomsonreuters.com;))