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03 Feb
02:45

Bathurst Resources raises FY23 EBITDA guidance

New Zealand coal miner Bathurst Resources has raised its FY23 earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance to a range of NZD 140 million ($90.58m) to NZD 150m, from NZD 120m, Kallanish notes.  The major contribution to the increase is from the export business and the South Island Domestic segment, with lower forecast contributions from the North Island Domestic business. It says hard coking coal prices rema…
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