Yancoal Australia (ASX:YAL) provides an update on its financial performance for the year.

The revenue from ordinary activities in the first half of the year totaled A$3,976 million, down from A$4,776 million.

The company also confirmed that its guidance for 2023 attributable saleable production remains between 31 million tonnes and 36 million tonnes.

The net profit after tax attributable (after non-recurring items) for the first half of the year was A$973 million, a decline from the previous A$1,738 million.

Yancoal has declared an interim dividend of A$0.3700 per share fully franked.

The guidance for 2023 cash operating costs continues to stay between A$92/tonne and A$102/tonne.

Additionally, the company has revised down its 2023 capital expenditure guidance to between A$600 million and A$750 million.

Yancoal Australia (ASX:YAL) is a leading coal mining company in the country.