Half Year 2022 Yancoal Australia Ltd Earnings Call Transcript

Aug 19, 2022 / 01:00AM GMT
Operator

Hello, and welcome to today's Yancoal Half Yearly Results. (Operator Instructions) I'd now like to hand over to our CEO, David Moult. Please go ahead, David.

David James Moult - Yancoal Australia Ltd - CEO

Thank you, Luke, and welcome to everybody on the call to this first half 2022 financial results presentation. I'd just like to draw your attention to the first 2 slides, Slide 2 and 3, under disclaimers that are on them. And we'll move very quickly, I think, into just a very quick overview of the half year results.

Yancoal delivered a record 6-month financial performance. The revenue is close to the $5.4 billion we delivered for the first full year -- for the full year of 2021, which is a record for that year. The revenue profile has driven a rapid transformation over this financial position. Over the past 12 months, Yancoal's net debt position from $3.4 billion to effectively 0. The cash has facilitated a $930 million dividend payment in April and a further $696 million to be paid to shareholders in September.

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