Appendix 4D and Half Year Financial Report

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Stock New Hope Corporation Ltd (NHC.ASX)
Release Time 17 Mar 2026, 8:20 a.m.
Price Sensitive Yes
 New Hope Corporation Ltd Reports Half Year Results
Key Points
  • Statutory revenue down 20.1% to $814.4 million
  • Net profit after tax down 84.0% to $54.3 million
  • Underlying EBITDA down 58.5% to $214.8 million
Full Summary

New Hope Corporation Ltd reported a statutory revenue of $814.4 million for the half year ended 31 January 2026, down 20.1% from the previous corresponding period. Net profit after tax was $54.3 million, down 84.0% from the prior period. Underlying EBITDA decreased by 58.5% to $214.8 million. The decrease in earnings was driven by lower realised coal pricing, increased prime overburden movement, and lower non-regular gains. The Group's average realised sales price, excluding hedging, was $137.8/t, a 20.4% decrease compared to the previous period. Group FOB cash costs (excluding royalties and trade coal) were $87.6/t, an increase of 12.7% compared to the prior period. The Group generated $185.0 million in cash flow from operations and had closing cash and cash equivalents of $321.3 million. The Directors have declared a fully franked interim dividend of 10.0 cents per ordinary share, payable on 20 April 2026.