NHC 0.47% $1.07 new hope corporation limited

how good is this company

  1. 2,508 Posts.
    lightbulb Created with Sketch. 48
    first quarter operational profit up 160% to 32 M.
    total profit after tax up 260%.
    operational profit for full year forecast to be 125 - 150M.
    Special dividend of 600 M to be paid Nov 2009.
    After paying tax and the dividend, cash reserves will be
    1.1 Billion !
    Zero debt.
    As the company states, New Hope is in a very strong position with zero debt at a time when the credit crunch is making it very difficult for businesses to fund new projects.
    No such problems for New Hope !!
 
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