{"id":29636,"date":"2026-03-23T12:35:22","date_gmt":"2026-03-23T10:35:22","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=29636"},"modified":"2026-03-23T12:35:22","modified_gmt":"2026-03-23T10:35:22","slug":"sas-thungela-posts-full-year-loss-on-weaker-coal-prices","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-thungela-posts-full-year-loss-on-weaker-coal-prices\/","title":{"rendered":"SA\u2019s Thungela posts full-year loss on weaker coal prices"},"content":{"rendered":"<p class=\"x_xp2\">South African (SA) coal miner Thungela Resources reported a a full-year loss on Monday, hit \u200cby a decline in prices.<\/p>\n<p class=\"x_xp2\">The thermal coal exporter reported a headline loss per share $0.3752 in the year ended December 31, from headline earnings per share of\u00a0\u206025.59 Rand the previous year.<\/p>\n<p class=\"x_xp2\">Thungela&#8217;s revenue fell 17% in 2025, dragged down by lower benchmark coal prices and a stronger SA Rand exchange rate against the US Dollar.<\/p>\n<p class=\"x_xp2\">The international thermal coal market was depressed throughout 2025, mainly due to weak demand in \u200cChina\u00a0\u2060and India, key coal-consuming countries.<\/p>\n<p class=\"x_xp2\">The two Asian countries have expanded domestic coal production while advancing alternative energy sources, Thungela said.<\/p>\n<p class=\"x_xp2\">The company&#8217;s average realised export\u00a0\u2060price for its SA coal was 20% lower compared with the previous year, while prices for its\u00a0\u2060Australian output were down 17%.<\/p>\n<p class=\"x_xp2\">&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":21148,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-29636","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA coal miner Thungela Resources reported a a full-year loss","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29636\/revisions"}],"predecessor-version":[{"id":29637,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29636\/revisions\/29637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/21148"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=29636"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=29636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}