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New Hope Corporation Limited (ASX:NHC)

ALERT: Price-sensitive ASX Announcement for NHC
Current share price for NHC : $5.295 -0.005 (-0.09%)+
Announcement
Release
17 Mar 2026 8:21AM
Price at Release
$5.300
Full Release
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Summary
The 2026 Half Year Results Presentation for New Hope Corporation Limited indicates a period of contrasting operational and financial performances. The company experienced significant operational growth with increases in coal production and sales, particularly at the New Acland Mine. However, financial results were less favorable, with decreases in net profit after tax (NPAT) and underlying EBITDA. Safety improvements were highlighted with a reduction in the Total Recordable Injury Frequency Rate (TRIFR). The company maintained its guidance and focused on strategic organic growth and capital management to balance sustaining operations and delivering shareholder returns, which have been substantial since the IPO. Challenges faced include decreased coal prices and increased operational costs, with dividends declared at 10.0 cents per share, fully franked.
Key Points
  • Significant increase in coal production and sales compared to previous periods.
  • New Acland Mine ramping up production with low-strip ratio assets.
  • Financial performance sees a decrease in NPAT and EBITDA.
  • Bengalla and New Acland Mines show contrasting production results.
  • Emphasis on safety with a notable TRIFR improvement.
  • Challenges include decreased coal prices and increased costs.
  • Strong shareholder return since IPO with high cumulative TSR.
  • Capital allocation for growth, sustaining operations, and shareholder returns.
  • Guidance maintained with strategic focus on organic growth.
  • Dividend declared at 10.0 cents per share, fully franked.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.