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New Hope Corporation Provides Presentation on Half Year 2022 Results

22 Mar 2022  |  09:00:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: New Hope - Presentation on Half Year 2022 Results

New Hope Corporation provided a presentation on half year 2022 results. Coal prices continue to strengthen as the global energy market is impacted by supply side issues in Europe. Demand remains strong with no view of any short to medium term reduction in demand. The Company is focused on remaining in the lowest quartile of the global cost curve maximising shareholder returns. Debt drawn under syndicated facility of $310m reported at 31 July 2021, fully repaid during the interim period.

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