BRIEF-Whitehaven Coal says HY statutory loss after tax $11.6 mln

Wed, 26 Feb - 8:42am

Feb 26 (Reuters) - Whitehaven Coal Ltd WHC.AX :

* Appendix 4d & interim financial report WHC.AX

* Says HY statutory loss after tax decreased by 76% to $11.6 million

* Says for FY 2014, Whitehaven is expecting to sell approximately 8.4mt on an

equity basis, exclusive of purchased coal

* Says HY revenue $ 402.2 million versus $280.8 million a year ago

* Says thermal coal market remains relatively well supplied for 2014

* HY production of 5.94mt of run of mine coal and 5.21mt of saleable

coal (100% basis)

* Says "medium to long term outlook for coal remains strong, underpinned by expected growth in global energy demand over the next 20 years"

* Says resolved not to pay an interim dividend for the half year

* Source text for Eikon News Search ID:nASX36l6V4

* ((For more news, please click here WHC.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140225:nWNBS00CBU:11
Topics: 
RES MET AU CMPNY MINE COAM BLR ASIA LEN RTRS BACT MIN DIV RESF BMAT MTAL ENER

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