New Hope Corporation Limited’s (ASX:NHC) first half net profit has fallen around 75 per cent to $101.1 million.
The coal miner's latest result compares to a higher net profit reflected in last years first half figures due to the the sale of its shares in Arrow Energy.
On an underlying basis, profit rose 25 per cent on the back of higher coal production and exports
A fully franked interim dividend of six cents per share has been declared.
