Yanzhou Coal subsidiary Yancoal Australia reports solid 2024 results

Yancoal Australia, a subsidiary of Yanzhou Coal Mining (HKEX: 1171), has released its 2024 annual results, revealing strong financial performance. The company reported revenue of AUD6.86 billion and a profit before tax of AUD1.689 billion. Net profit after tax reached AUD1.216 billion. As of December 31, 2024, Yancoal Australia's total assets stood at AUD12.356 billion, with net assets of AUD9.317 billion. The company has declared a fully franked final dividend of AUD687 million, equating to approximately AUD0.52 per share. The complete announcement is available on the ASX and HKEX websites.