Revenue ($m): 1556, down 9.6pc from year-earlier 1721.6
Pre-tax profit ($m): -706.2 v year-earlier 81.4
Net profit ($m): -543.9 v year-earlier 30
Final dividend: nil
Whitehaven Coal could clear debt and resume shareholder returns within the year if thermal coal prices remain at the extraordinary levels seen this week, putting the miner on track to bounce from a record $87.3 million underlying loss to a record profit within 12 months.
Barely one year after it agreed to freeze shareholder returns in exchange for covenant relief from lenders, Whitehaven is surfing a 10-year high in coal prices on the back of a global shortage for coal with high-energy content.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
