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Yancoal Australia slumps after holding off dividend as HY profit declines



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** Shares of coal producer Yancoal Australia YAL.AX slide as much as 17.7% to A$5.730, their lowest since early May

** Co's HY profit slumped 57% hurt by slide in prices due to lower demand

** YAL did not declare an interim dividend vs 37 Australian cents per share declared last year

** Stock top loser on ASX All Ordinaries index .AORD

** Trading volumes 2.6 times the 30-day average of 2.2 mln shares

** As of last close, YAL up 40.6% YTD



Reporting by Himanshi Akhand in Bengaluru

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