Exxaro’s headline earnings drop nearly 30% as coal prices fall

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Coal revenue fell 16% to just more than R18bn, driven mainly by lower export prices, as well as lower sales volumes for both domestic sales

Exxaro Resources reported a 29% decrease in headline earnings in six months to the end of June, as export coal prices halved after Europe managed to secure sufficient gas and coal stocks during its winter season.

Exxaro and other coal players benefited handsomely in the prior comparable period when coal prices surged in the wake of Russia’s invasion of Ukraine, though rail capacity constraints prevented SA’s producers from fully taking advantage of the boom in prices.... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인