Coronado Global Resources Inc. reported a decrease in revenue and net income for HY24 compared to HY23, but Q2 2024 showed material improvement in production, sales, costs, and revenue due to operational improvements. The company reaffirmed its FY24 guidance and continues to invest in organic growth projects.
Coronado Global Resources reported a decrease in revenue and net income for the first half of 2023, driven by lower met coal prices. However, the company highlighted strong operating performance in the June quarter, the second-highest first-half revenue in its history, and a strong balance sheet with a net cash position of $192 million and available liquidity of $534 million.
Coronado reported strong Q3 results with improvements in production and sales volumes compared to the prior quarter. The company delivered record revenues and price realizations, distributing US$470 million in cash dividends. However, operations were impacted by unseasonal wet weather and global economic circumstances, leading to revised full-year production and cost guidance.
Coronado Global Resources Inc. reported record half year financial results for the six months ended June 30, 2022. The company achieved record revenue, net income, and adjusted EBITDA, distributing $351 million in cash dividends while maintaining a net cash position. The results were driven by a higher price environment for metallurgical coal products and structural changes to the business.
Coronado Global Resources Inc. reported a strong financial year ending December 31, 2021, with a significant increase in revenue and a return to profitability. The company reported revenue of $2,148,471,000 and net income of $189,425,000, a substantial turnaround from the previous year's net loss.
Coronado Global Resources Inc. reported its financial results for the half-year ended June 30, 2021. No dividends were paid or proposed during the period.
Coronado reported a challenging second quarter due to the impacts of COVID-19 and weaker global demand for metallurgical coal. While production was strong, lower prices significantly impacted revenue and profitability.
Coronado Global Resources Inc. reported a net income of $305.5 million for Q4 2019, a significant increase compared to the previous year. The company's performance was driven by stable production and lower mining costs.