Australian rail company Aurizon expects to carry 5% more coal in the June 2022-ended financial year at 212.2 mt as it declared a net profit after tax of A$607 million ($446.5 million) for the 2021 FY, up 1% on FY2020. Above rail coal haulage volumes slipped 6% to 202.1 mt in the FY 2021 because of COVID-related disruptions and China's restrictions on imports of Australian coal that started to bite in late 2020. Lower coal shipments drove a 13% year-on-year decline in earnings before tax, interest, depreciation and amortisation (EBITDA) for Aurizon's coal haulage unit to A$533 million in FY2021.
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