Yancoal Australia on Monday posted a near five-fold jump in annual profit, as the coal miner benefited from a sharp rise in coal prices after Russia's invasion of Ukraine.The company's profit after tax was A$3.59 billion ($2.41 billion) for the year ended Dec. 31, compared with A$791 million a year earlie
Yancoal Australia on Monday posted a near five-fold jump in annual profit, as the coal miner benefited from a sharp rise in coal prices after Russia's invasion of Ukraine.
The company's profit after tax was A$3.59 billion for the year ended Dec. 31, compared with A$791 million a year earlier. It also declared a final dividend of 70 Australian cents per share.
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