Whitehaven Coal reports 13% fall in first-half profit

Whitehaven Coal

19/02/2025 21:52

Feb 20 (Reuters) - Australia's Whitehaven Coal  WHC.AX 
reported a 13% drop in first-half earnings on Thursday, hurt by
relatively soft incremental coal demand in fiscal 2025.
    The country's leading independent coal miner reported an
underlying net profit after tax of A$328 million ($208.15
million) for the six months ended December 31, compared to
A$372.3 million during the same period in the previous year.
    However, the company beat the Visible Alpha consensus of
A$219 million.
    The firm also declared an interim dividend of 9 Australian
cents apiece. 


($1 = 1.5758 Australian dollars)

 (Reporting by Nichiket  Sunil and Rishav Chatterjee in
Bengaluru, Editing by Mohammed Safi Shamsi)
 ((Nichiket.Sunil@thomsonreuters.com;
Rishav.Chatterjee@thomsonreuters.com))