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Mar 23, 2021

New Acland uncertainty drags on New Hope

New Acland uncertainty drags on New Hope

Continued uncertainty around approvals for New Acland Stage 3 is impacting on the broader New Hope Group business, as redundancies continue, says chief executive officer Reinhold Schmidt. Mr Schmidt was commenting as the company delivered its half-year financial report, with an EBITDA of $81.2 million. The company reported a 34.4 per cent drop in revenue…

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