(EnergyAsia, August 30 2010, Monday) — Citing a sharp downward correction in coal prices, Australia’s Gloucester Coal Ltd has reported a sharp drop in its full-year net profit for the year ended June 30. Excluding transaction costs, its profit for FY2009 came in at A$36.4 million, down from A$90.7 million the previous year, which was…
AUSTRALIA: Gloucester Coal reports a dip in full year net profits for year ended June 30
Posted on August 29, 2010 by EnergyAsia