Bengalla continues to deliver for New Hope

Coal miner New Hope has reported a 21% jump in revenue for the half-year ended January, while profits jumped by 33% on the previous corresponding period.

New Hope on Tuesday reported revenues of A$616.7-million first the first half of the year, while profits before tax was reported at A$228.9-million. Earnings before interest, tax, depreciation and amortization was also up by 31% on the previous corresponding period, to A$285.1-million.