Stanmore's investment delivers results

PERTH – Coal miner Stanmore has reported an 852% increase in revenue for the full year ended December, and a 10 597% increase in net profits, following its $1.35-billion deal with diversified miner BHP and Mitsui & Co to acquire an initial 80% interest in the SMC asset last year.

Revenue in the full year increased from the $284-million reported in 2021 to $2.6-billion, while earnings before interest, taxes, depreciation and amortisation increased from $34-million to $1.12-billion.“This has truly been an exciting year for Stanmore. We completed the acquisition of the SMC assets, including the South Walker Creek and Poitrel mines, and welcomed new employees and contractors into the Stanmore family.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

China approved equivalent of two new coal plants a week in 2022, report finds | CNN BusinessChina is surging ahead with coal, a new report shows, rapidly approving and building new power plants despite its own promises to cut back on carbon as the world plunges ever deeper into the climate crisis. Holy shit! China lied? Are we surprised though? China has been the Wests factory floor since the 90s...we have contributed to Chinas pollution
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »