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New Hope Corporation Reports Strong Financial Growth and Strategic Expansion

Story Highlights
  • New Hope Corporation reported a 19% rise in revenue and 35.2% increase in net profit.
  • The company declared a 19.0 cents per share dividend and gained control over two entities.
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New Hope Corporation Reports Strong Financial Growth and Strategic Expansion

New Hope Corporation Limited ( (AU:NHC) ) has shared an update.

New Hope Corporation Limited reported a significant increase in revenue and profit for the half-year ending January 31, 2025, with a 19% rise in revenue and a 35.2% increase in net profit attributable to members compared to the previous period. The company declared an interim dividend of 19.0 cents per share, fully franked, reflecting its robust financial performance and stable market position, further strengthened by gaining control over Northern Energy Corporation Limited and Colton Coal Pty Limited.

More about New Hope Corporation Limited

New Hope Corporation Limited operates in the coal, energy, and agriculture sectors, focusing on providing these resources responsibly and reliably.

YTD Price Performance: -28.00%

Average Trading Volume: 1,692

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.01B

See more data about NHC stock on TipRanks’ Stock Analysis page.

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