CAPITAL MARKETS

Whitehaven flags earnings surge

WHITEHAVEN Coal is expected to report annual earnings of more than A$3 billion for the 2022 financial year, compared to the $200 million it reported in FY21, after a 21% increase in June quarter output and higher coal prices.

Whitehaven flags earnings surge

Whitehaven CEO Paul Flynn said the company remained well placed to benefit from the increasing demand for coal as the world sought greater energy security. "Coal prices set a record during the June...

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