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Whitehaven profits fall along with coal prices

The falling coal prices in the first half of the 2021 financial year has seen ASX-listed Whitehaven Coal swing to a loss in the six months under review.

Whitehaven on Wednesday reported a net loss after tax of A$94.5-million for the six months to December, compared with a net profit after tax of A$27.4-million for the previous corresponding period.