New Hope Corporation reports strong earnings and growth

New Hope Corporation Limited reported strong results for the first half of the 2025 financial year. The results were shared during a conference call on March 17, led by Chief Executive Officer Robert Bishop and Chief Financial Officer Rebecca Rinaldi. The company focused on safety improvements, noting an 18% decrease in their safety incident rate over the past six months. This drop shows progress in their safety performance, although there is still more work needed. In terms of coal production, New Hope achieved significant growth. The total coal production reached 8.3 million tonnes, which is a 56% increase compared to the same period last year. Salable coal production also rose by 33%, amounting to 5.4 million tonnes, with coal sales increasing by 44%, also hitting 5.4 million tonnes. Financially, New Hope reported an underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of $517 million, a 22% boost from last year. Their statutory net profit after tax stood at $340 million, marking a 35% increase. The company generated $370 million in cash flow from operations, which supported growth initiatives and shareholder returns. In line with their strong performance, New Hope's board declared a fully franked interim dividend of $0.19 per ordinary share.