REFILE-Whitehaven Coal reports 13% fall in first-half profit

Reuters

Feb 20, 2025

Refiles to add media packaging code

Feb 20 (Reuters) - Australia's Whitehaven Coal WHC.AX reported a 13% drop in first-half earnings on Thursday, hurt by relatively soft incremental coal demand in fiscal 2025.

The country's leading independent coal miner reported an underlying net profit after tax of A$328 million ($208.15 million) for the six months ended December 31, compared to A$372.3 million during the same period in the previous year.

However, the company beat the Visible Alpha consensus of A$219 million.

The firm also declared an interim dividend of 9 Australian cents apiece.

($1 = 1.5758 Australian dollars)

(Reporting by Nichiket Sunil and Rishav Chatterjee in Bengaluru, Editing by Mohammed Safi Shamsi)

((Nichiket.Sunil@thomsonreuters.com; Rishav.Chatterjee@thomsonreuters.com))

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