Reporting Season - 22 August
Companies covered: Northern Star (NST), Whitehaven Coal (WHC), Medibank (MPL)
Stocks discussed:
- Northern Star Resources (NST): Underlying FY net profit more than doubles to $689 million thanks to record revenue and a surging gold price. Final, unfranked dividend of $0.25 taking the full year payout to a record $0.40 a share
- Whitehaven Coal (WHC): FY profit drops 87% on lower profits and higher costs due to inflationary pressures and lower volumes at its flagship Narrabri mine. Announces 30% stake sale in its Blackwater mine to Nippon Steel
- Medibank Private (MPL): FY net profit up to $570.4 million, operating profit rose 6.3% with a final dividend of 9.4 cents per share, fully franked, declared