Weaker coal market yet to hit Wesfarmers

WESFARMERS increased its half-yearly net profit after tax by 46.3% to $US572.55 million on the back of a strong performance from its coal division, but the company expects to feel the impact of falling coal prices during 2009.

Weaker coal market yet to hit Wesfarmers Weaker coal market yet to hit Wesfarmers Weaker coal market yet to hit Wesfarmers Weaker coal market yet to hit Wesfarmers Weaker coal market yet to hit Wesfarmers

The company had record coal production from its Curragh mine in Queensland's Bowen Basin of 5.1 million tonnes in the last six months of 2008 and sales of 5.2Mt.

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