Summary by Moomoo AI
COAL AUSTRALIA LIMITED (THE “COMPANY”) ISSUED A VOLUNTARY ANNOUNCEMENT ON 25 FEBRUARY 2024 ANNOUNCING ITS FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. The company achieved revenues of A$78 billion in 2023, operating income before depreciation and amortization (EBITDA) of A$35 million and after-tax profit of A$18 billion. Raw coal production reached 6,020 million tons and commodity coal production was 4,360 million tons. The company had AUD 14 billion in cash at the end of 2023, with no interest loans. Earnings per share are A$1.378, the final dividend is A$0.3250/share, the total annual dividend is A$0.6950/share, the dividend is 50% and the nominal yield is 14%. In addition, the company's safety performance improved significantly, with a 35% decrease in the total recordable injury rate (TRIFR) to 5.1. Coal Australia also issued an ESG Report on 26 April 2023 and continues to optimise the product portfolio to meet market demands. The company's shares are traded on the Australian Stock Exchange and Stock Exchange and were included in the Hang Seng Composite Index and Hong Kong Stock Exchange on 13 March 2023.