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Yancoal Australia Ltd Reports Decrease in Revenue, Announces Dividend

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Yancoal Australia Ltd Reports Decrease in Revenue, Announces Dividend

Yancoal Australia Ltd. ( (AU:YAL) ) has shared an update.

Yancoal Australia Ltd reported a decrease in revenue and profit for the year ended December 31, 2024, with a 12% decline in revenue and a 35% drop in profit before income tax. Despite this, the company announced a final dividend of $687 million for 2024, indicating a strategic focus on returning value to shareholders. The financial results reflect challenges in the market, while the increase in net tangible assets per share by 10% suggests a solid asset base.

More about Yancoal Australia Ltd.

Yancoal Australia Ltd is a prominent player in the coal mining industry, focusing on the production and sale of thermal and metallurgical coal. The company primarily serves markets in Australia and internationally, supplying a vital resource for energy generation and steel production.

YTD Price Performance: -14.08%

Average Trading Volume: 15,714

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.7B

See more data about YAL stock on TipRanks’ Stock Analysis page.

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