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How Westgold Achieved Record $191M Profit and Became Debt Free in H1 FY26
8:20am on Thursday 26th of February, 2026 AEDT
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How Westgold Achieved Record $191M Profit and Became Debt Free in H1 FY26
8:20am on Thursday 26th of February, 2026 AEDT
Key Points
Record half-year revenue of $1.24 billion and profit before tax of $270.7 million
Net profit after tax surged to $190.7 million, reversing prior losses
Debt fully repaid, leaving Westgold debt free at period end
Divestment of Mt Henry-Selene Gold Project for approximately $110 million
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WESTGOLD RESOURCES (ASX:WGX)
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