New Hope Corporation announced 1,138.8% in FY2022 revenue

New Hope Corporation Limited (ASX: NHC) shares are up on ASX and are on the list of top 5 gainers following the release of its FY2022 annual report (period ended 31 July 2022).

• During FY2022, the Company’s FY2022 revenue from ordinary activities increased 143.5% to AU$2,552.395 million.
• Its net profit increased massively by 1,138.8% to AU$983.009 million.
• The Directors declared a final dividend of AU31 cents per share, and a special dividend of AU25 cents per share.
• Net cash from operating activities grew 285% to AU$1,138.6 million.
• NHC invested AU$94.4 million to acquire a 15% equity interest in Malabar Resources Limited.

At AEST 11:29 AM, NHC shares are trading at AU$ 5.790, up 6.043% from its previous close. In the last one year, NHC shares have delivered a return of ~191%.

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