Coal prices weigh on Whitehaven as profit slides
Summary by The Queenslander
1 Articles
1 Articles
Coal prices weigh on Whitehaven as profit slides
Whitehaven’s annual profits have been cut by more than half as weak coal prices and higher costs chisel away at margins. The miner posted a full-year underlying net profit of $319 million in the year to June 30, down from $740 million the year before. Whitehaven will pay shareholders a dividend of six cents per share, taking the total payout for the 2025 financial year to up to $191 million between dividends and share buybacks, chief executive P…
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