Yancoal posts big profit jump in ‘extraordinary’ year of growth

Record production has seen coal miner Yancoal nearly double its revenue and earnings before interest, tax, depreciation and amortisation (Ebitda) for the year ended December, compared with the previous corresponding period.

Revenue from operations in the full year reached A$4.85-billion, compared with the A$2.6-billion reported in 2017, while operating Ebitda increased from A$998-million to A$2.1-billion.