New Hope Corporation Records Robust Financial Year

New Hope Corporation Limited (AU:NHC) has released an update.

New Hope Corporation Limited has reported a strong fiscal year with a 26.4% increase in saleable coal production and a declared 22 cents per share fully franked final dividend, marking a successful year with significant operational achievements including the restart of operations at New Acland Mine. The company’s EBITDA is its third highest ever, and it has solidified its financial position by raising $300 million through senior unsecured convertible notes. This financial success enables ongoing investment in growth projects and rewards shareholders with robust dividends.

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