Whitehaven swings to FY loss

Miner does not expect improvement in coal prices in the short term, says weaker Australian dollar will boost revenues.

Whitehaven Coal (WHC) does not expect a short-term improvement in coal prices but says the weaker Australian dollar will help increase revenues in fiscal 2014.

The group swung to a net loss attributable to members of $82.2 million in fiscal 2013, from a profit of $62.5 million in the prior year.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles