Yancoal Australia Ltd (Yancoal AUS) released its 2023 report, showing that the company had annual revenue of A$105.48 million and profit after tax of A$35.86 million. Yancoal AUS's coal production and sales continued to increase despite challenges, including sustained heavy rain caused by the Inlanina weather pattern in New South Wales and Queensland. The company is committed to workplace health and safety and has implemented a four-year mental health program. Financial performance is affected by global coal price volatility and macroeconomic trends. Faced with mandatory changes in Australian Government emissions reduction commitments and climate-related financial disclosures, Yancoal AUS is developing sustainability strategies and investing in infrastructure to respond to extreme weather events. The company is adjusting its product...Show More

Yancoal Australia Ltd (Yancoal AUS) released its 2023 report, showing that the company had annual revenue of A$105.48 million and profit after tax of A$35.86 million. Yancoal AUS's coal production and sales continued to increase despite challenges, including sustained heavy rain caused by the Inlanina weather pattern in New South Wales and Queensland. The company is committed to workplace health and safety and has implemented a four-year mental health program. Financial performance is affected by global coal price volatility and macroeconomic trends. Faced with mandatory changes in Australian Government emissions reduction commitments and climate-related financial disclosures, Yancoal AUS is developing sustainability strategies and investing in infrastructure to respond to extreme weather events. The company is adjusting its product portfolio, expanding its customer base, and positively impacting operating regions through community support programs. Governance processes aim to improve operational sustainability and assess and mitigate significant business risks, including climate change and modern slavery, through an enterprise risk management framework. Although coal market conditions affected the company's revenue and EBITDA, Yancoal AUS declared a final dividend for 2023 of A$0.3250 per share for a total of A$4.29 million with a record date of March 13, 2024 with a payment date of April 30, 2024.