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New Hope Reports Net Loss of $55.38m for Half-Year to 31 January 2021

24 May 2021  |  12:12:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Yearly Report and Accounts

New Hope reported net loss of $55.38m for the half-year ended 31 January 2021. Revenue from ordinary activities were $405.53m, down 34.4% from last year. Basic and Diluted EPS were (6.7) cents compared to 8.4 cents last year. Net operating cash flow was $62.37m compared to $122.59m last year. The interim dividend declared was 4 cents, compared with 6 cents last year.

New Hope Half Year Results to 31 January 2021

6 Months to 31 January 2021 ($A'000) 6 Months to 31 January 2020 ($A'000)
Revenue 405,527 618,203
Pre-Tax Profit (Loss) (79,336) 93,360
Net Profit (Loss) (55,375) 69,784
Operating Cash Flow 62,374 122,595
Interim Dividends (cents) 4 6
Basic and Diluted EPS (cents) (6.7) 8.4
NTA (cents) 190.5 223.4
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