EQT Holdings Limited has reported a strong half-year performance with an 11.8% revenue increase and a 67% surge in profit after tax, while announcing a fully franked interim dividend of 56 cents per share despite suspending its dividend reinvestment plan.
- Revenue rises 11.8% to $99.994 million for H1 FY2026
- Profit after tax attributable to equity holders jumps 67% to $20.478 million
- Interim dividend maintained at 56 cents per share, fully franked
- Dividend reinvestment plan (DRP) remains suspended
- Net tangible assets per share increase 21.8% to $2.79
Strong Financial Performance
EQT Holdings Limited has delivered a robust set of half-year results for the period ending 31 December 2025, showcasing solid growth across key financial metrics. Revenue, including other income and interest, climbed by 11.8% to nearly $100 million, reflecting steady operational momentum in the company’s investment holdings portfolio.
More notably, the company’s profit from ordinary activities after tax attributable to ordinary equity holders surged by 67% to $20.478 million, a significant leap compared to the prior corresponding period. This sharp increase underscores improved profitability and effective cost management during the half-year.
Dividend and Shareholder Returns
In line with its strong earnings, EQT Holdings declared an interim dividend of 56 cents per share, fully franked, matching the final dividend paid in September 2025. The dividend record date is set for 6 March 2026, with payment scheduled for 26 March 2026. However, the company has chosen to keep its Dividend Reinvestment Plan (DRP) suspended, a move that may influence shareholder reinvestment strategies and market liquidity for the stock.
Balance Sheet and Audit Assurance
Net tangible assets per ordinary share rose by 21.8% to $2.79, indicating a strengthening balance sheet and enhanced shareholder value. The company reported no changes in control over entities during the period, maintaining operational stability. Additionally, the half-year financial statements underwent an audit review resulting in an unqualified conclusion, providing investors with confidence in the accuracy and integrity of the reported figures.
Looking Ahead
While the results highlight a positive trajectory, the announcement was light on commentary regarding the drivers behind revenue growth or future outlook. Investors will be keen to examine the forthcoming detailed half-year report and shareholder presentation for deeper insights into strategic initiatives and market conditions influencing performance.
Bottom Line?
EQT’s impressive profit growth and steady dividends set a positive tone, but the suspended DRP invites close investor scrutiny going forward.
Questions in the middle?
- What factors contributed most to the 67% profit increase in the half-year?
- Why has EQT Holdings chosen to suspend its Dividend Reinvestment Plan at this time?
- How will the company’s strategy evolve amid changing market conditions in 2026?