


| coal Whitehaven Coal FY profit down 95% Whitehaven Coal's full-year profit slumped 95 per cent due to lower coal prices but management believe demand will remain high in Asia. |
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Whitehaven Coal has had a 95 per cent fall in full-year profit due to lower coal prices but management is adamant there is strong demand for its supplies in Asia. Whitehaven’s net profit after tax dipped to $30.0 million after coal prices slipped due to ongoing US-China trade disputes and declined further as a result of the coronavirus pandemic.
Posted: 2020-08-26 07:04:00
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