Highlights

  • FY26 saleable coal production increased 7.6% to 11.5 Mt.
  • Revenue was AUD 1,767 million while underlying EBITDA was AUD 514 million.
  • New Hope declared a fully franked final Dividend of 30 cents per share.

New Hope Corporation Ltd (ASX:NHC) operates in the energy and resources sector and disclosed a series of operational and financial developments in its latest ASX release. Its shares were quoted at AUD 5.85 and dropped 4.10% on 28 October 2026. The company’s announcement sets out the reported results for its stated financial or operating period, with information on Business activity, operational indicators and management’s disclosed next steps. The update covers separately reported operational, financial and project measures for the periods identified by the company.

Annual Financial Results

New Hope’s full-year results for the period ended 31 July 2026 reported Revenue of AUD 1,767 million, a reduction of 0.5% from the previous year. Underlying EBITDA was AUD 514 million, down 32.8%, while net profit after tax totalled AUD 161 million, down 63.4%. The realised coal price, including hedging, averaged AUD 145.2 per tonne, a 10.0% decline. The company declared a final fully Franked Dividend of 30 cents per share. The reported financial measures reflect the group’s disclosed ownership interests, including its 80% interest in Bengalla.

Coal Production Across Bengalla and New Acland

Group run-of-mine coal production was 16.9 Mt, up 3.3% year on year, and saleable coal production increased 7.6% to 11.5 Mt. Total coal sales were 11.8 Mt, an increase of 11.8%. Bengalla recorded 10.0 Mt of ROM output and 8.2 Mt of saleable coal, the latter up 4.1%. New Acland produced 6.9 Mt ROM and 3.3 Mt saleable coal, with its saleable output up 17.3%; coal sales from New Acland were 3.6 Mt, 37.0% higher than a year earlier. The overall FOB cash cost, excluding royalties, was AUD 88.9 per sales tonne, up 7.9%.

Capital, Safety and Operational Measures

New Hope reported a high-potential event frequency rate of 3.59, a reduction of 38.3%, while its total recordable injury frequency rate increased 20.7% to 3.89. The company issued AUD 300 million of new senior unsecured convertible notes carrying a 2.625% coupon and repurchased 97.77% of the previous notes, which carried a 4.25% coupon. Bengalla’s FOB cash cost excluding royalties was AUD 81.3 per tonne, up 6.2%. The released results distinguished production gains from the reduction in Earnings measures and reported coal-pricing and cost movements separately.

The reported figures and operational updates were provided by New Hope Corporation Ltd (ASX:NHC) for the period identified in its filing. Forecasts, targets, proposed transactions and commissioning schedules are company statements rather than completed outcomes. Where the announcement describes conditions, dependencies or approvals, those qualifications remain part of the disclosed position. Financial measures and operating units are retained separately to avoid presenting different measures as interchangeable.

The results presentation showed ROM output at Bengalla of 10.0 Mt, broadly unchanged from the previous financial year. New Acland recorded 6.9 Mt of ROM production, 8.6% higher year on year. The Bengalla saleable production figure of 8.2 Mt contrasted with New Acland’s 3.3 Mt. Management separately identified a 32.7% total Shareholder return for the 12 months to 31 July 2026, which is not the same measure as underlying EBITDA or statutory net profit. The high-potential event rate and recordable injury rate also moved in opposite directions, and the company disclosed both safety figures.

Source: Company ASX announcement; share figures provided for 28 October 2026.