New Hope doubles dividend as fiscal H1’17 coal output, profits soar

摘要

Australia’s New Hope Corp. Ltd. has ratcheted up its coal output by 45.1% year over year in the first half of the 2017 financial year, with the increase largely attributable to the addition to its portfolio of the Bengalla joint venture. The stronger half has prompted the ASX-listed producer to increase its firsthalf dividend to 4 Australian cents per share from 2 cents per share in the same period of the 2016 financial year.