New Hope Corporation Limited is seeking acquisitions. New Hope said it continues to seek out attractive acquisition opportunities and grow the scale of the oil, gas and energy business through development and acquisition.

New Hope Corporation Limited announced consolidated financial results for the six months ended January 31, 2013. For the six months, the company reported revenue of AUD 322.9 million against AUD 388.5 million a year ago. Net profit before tax was AUD 93.2 million against AUD 101.8 million a year ago. Net profit after tax was AUD 68.8 million against AUD 101.1 million a year ago. Earnings per basic and diluted share were 8.3 cents against 12.2 cents a year ago. Profit from ordinary activities after income tax (before non-recurring items) was AUD 68.795 million against AUD 99.212 million a year ago. Profit attributable to shareholders was AUD 68.795 million against AUD 101.065 million a year ago. Net cash from operating activities was AUD 27.303 million against cash used in operating activities of AUD 59.911 million a year ago. Payments for property, plant & equipment was AUD 38.512 million against AUD 15.979 million a year ago. Payment for exploration and evaluation activities was AUD 11.779 million against AUD 11.376 million a year ago. For the six months, the company produced ROM coal of 5.848 million tons against 6.137 million tons a year ago. Clean coal production was 3.040 million tons against 3.206 million tons a year ago. Lower clean coal production was attributed to a planned shutdown period in December - January, as well as the impact of unusually high rainfall during the period. Coal sold was 2.740 million tones compared to 3.164 million tones for the same period a year ago. The company anticipates that weak thermal coal markets and a resilient exchange rate will have a negative impact on revenue and margins in the second half of the 2013 financial year. Coal production for the full year is expected to be in the range of 5.8 million to 6.0 million tons. The company declared a fully franked interim dividend of 6.0 cents per share, same as previous year, to be payable on 1 May 2013 to shareholders on the company register as at 15 April 2013.

New Hope Corporation Limited directors declared full franked interim dividend of 6 cents per share to be paid on 1 May 2013 to shareholders on the company register as at 15 April 2013.