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The latest update is out from New Hope Corporation Limited ( (AU:NHC) ).
New Hope Corporation has reported a sharp downturn in its half-year statutory results for the period to 31 January 2026, with revenue from ordinary activities falling 20.1% to $814.4 million and net profit attributable to members dropping 84% to $54.3 million. Despite the profit squeeze, net tangible assets per security were broadly steady at 308.0 cents, suggesting underlying balance sheet resilience.
The board has declared a fully franked interim dividend of 10.0 cents per share, payable on 20 April 2026, and confirmed the operation of its Dividend Reinvestment Plan without discount, to be satisfied via a new share issue. During the period the group also completed the divestment of Bridgeport Energy Pty Ltd, while maintaining compliance with Australian accounting standards and receiving an unmodified review opinion on its interim financial report.
The most recent analyst rating on (AU:NHC) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on New Hope Corporation Limited stock, see the AU:NHC Stock Forecast page.
More about New Hope Corporation Limited
New Hope Corporation Limited operates in the coal, energy and agriculture sectors, focusing on supplying coal and related energy products alongside agricultural interests. The company positions itself as a responsible and reliable producer, serving industrial and energy markets that depend on stable commodity supply and returns to shareholders.
YTD Price Performance: 32.75%
Average Trading Volume: 2,633,285
Technical Sentiment Signal: Buy
Current Market Cap: A$4.51B
For an in-depth examination of NHC stock, go to TipRanks’ Overview page.