Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
