wet weather
Macarthur Coal (ASX:MCC) continues to struggle with pulling up production due to rains despite posting a net profit of $142.4 million for the year ended June 30. The results are a marginal improvement from last year's $139.1 million.
Although robust coal prices helped Macarthur to bounce back from the effects of extreme weather, output will continue to be strained next year because many of the company's mine pits are still flooded.
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