Nacco industries announces fourth quarter and full year 2023 results

Consolidated q4 2023 highlights: operating loss of $67.4 million versus operating profit of $15.5 million in 2022 includes non-cash asset impairment charge of $65.9 million triggered by significant unplanned outage at the power plant served by the red hills mine net loss of $44.0 million compared with net income of $13.8 million in 2022 adjusted ebitda of $7.1 million, which excludes the asset impairment charge, versus $23.6 million in 2022 2024 consolidated outlook expect to report positive full-year net income compared with substantial 2023 loss cleveland , march 6, 2024 /prnewswire/ -- nacco industries® (nyse: nc) today announced the following consolidated results for the three months and year ended december 31, 2023. comparisons in this news release are to the three months and year ended december 31, 2022, unless otherwise noted.
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