New Hope Corporation's $36.5M profit drop reveals what coal investors should do next
Key Points
- New Hope Corporation's profit plummeted 7.7% despite an 18.1...
Coal companies are discovering that digging holes in the ground doesn't automatically translate to digging profits out of markets. New Hope Corporation just served up a masterclass in this harsh reality, watching their annual profit tumble 7.7% despite producing more coal than a Victorian Christmas stocking.
The numbers tell a tale that would make even the most optimistic coal enthusiast reach for their calculator twice. New Hope managed to pull A$439.4 million in net profit for the fiscal year ending July 31, 2025 - down from A$475.9 million the previous year. Here's where it gets interestin...
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