New Hope Corporation provided a financial result for the half year ended on 31 January 2023

New Hope Corporation Limited (ASX: NHC) provided a financial result on its half year that ended on 31 January 2023:

• The company has reported a net profit after tax of AU$668.6 million, an increase of 102.4% compared to AU$330.4 million in the previous corresponding period.
• It has provided cash from operating activities of AU$983.5 million, an increase of 117.3% compared to AU$452.7 million on 31 January 2022.
• The company’s board announced an interim dividend of AU$263.0 million, representing 30.0 cents per share, and a Special Dividend of AU$87.7 million, signifying 10.0 cents per share, fully franked and payable on 03 May 2023.
• During the period, it has received Associated Water Licence for New Acland Stage 3, with all primary approvals and work underway for the resumption of mining operations.

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