BUZZ-Aussie coal miner New Hope soars on higher earnings, dividend

Reuters

Mar 18, 2025

** Shares of Australia's New Hope Corporation NHC.AX gain 8.7% to A$4.02; set for strongest trading session since June 8, 2023

** The coal miner reports HY earnings of A$340.3 mln ($217.11 mln), higher than A$251.7 mln reported a year ago and market estimates of A$302.2 mln

** Lifts interim dividend to 19 Australian cents/share, from 17 Australian cents apiece last year

** Announces share buyback program of A$100 mln

** Total coal sales for six months rises 44% to 5.4 mln metric tons, driven primarily by a significant increase in output at the New Acland mine in Queensland

** Stock down 20.6% YTD

($1 = 1.5674 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com))

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set for strongest trading session since June 8, 2023** The coal miner reports HY earnings of A$340.3 mln , higher than A$251.7 mln reported a year ago and market estimates of A$302.2 mln** Lifts interim dividend to 19 Australian cents/share, from 17 Australian cents apiece last year** Announces share buyback program of A$100 mln** Total coal sales for six months rises 44% to 5.4 mln metric tons, driven primarily by a significant increase in output at the New Acland mine in Queensland** Stock down 20.6% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NHC.AU":"NEW HOPE CORP LTD"},"translate_title":"嗡嗡声——澳大利亚煤矿公司新希望因盈利和股息增加而飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NHC.AU":0.9},"content_text":"BUZZ-Aussie coal miner New Hope soars on higher earnings, dividend** Shares of Australia's New Hope Corporation NHC.AX gain 8.7% to A$4.02; set for strongest trading session since June 8, 2023** The coal miner reports HY earnings of A$340.3 mln ($217.11 mln), higher than A$251.7 mln reported a year ago and market estimates of A$302.2 mln** Lifts interim dividend to 19 Australian cents/share, from 17 Australian cents apiece last year** Announces share buyback program of A$100 mln** Total coal sales for six months rises 44% to 5.4 mln metric tons, driven primarily by a significant increase in output at the New Acland mine in Queensland** Stock down 20.6% YTD($1 = 1.5674 Australian dollars) (Reporting by Rishav Chatterjee in Bengaluru) ((Rishav.Chatterjee@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}