Latest Competition News

Vulcan Steel reported an 8.6% revenue increase to NZ$535.4 million for the half-year ending December 2025, driven by its Roofing Industries acquisition and Steel segment growth, despite a 9.7% drop in net profit after tax.

Steadfast Group announces the planned retirement of co-founder and CEO Robert Kelly AM, initiating a structured leadership transition with a new CEO expected by August 2026.

Apiam Animal Health has officially become a wholly owned subsidiary of Adamantem Capital's entities following a scheme of arrangement, with shareholders receiving a special dividend and a mix of cash and shares. The company will soon be delisted from the ASX.

Waterco Limited reported a modest revenue decline but delivered a strong 13% rise in net profit after tax for the half year ended December 2025, driven by improved margins and operational efficiencies. The company declared a 7 cent fully franked interim dividend and is advancing its manufacturing footprint in Malaysia.

HiTech Group Australia Limited reported a steady half-year profit of $2.04 million for H1 FY26, maintaining a strong cash position and zero debt while navigating government spending cuts. The company declared a fully franked interim dividend of 4.5 cents per share.

APC Minerals has announced the departure of CEO Matthew Shackleton, who led the company through challenging times including the stalled Lake Wells Sulphate of Potash Project and recent voluntary administration.

Supply Network Limited has reported robust first half 2026 results, with double-digit profit growth and ambitious network expansion projects underway across Australia and New Zealand.

White Cliff Minerals has agreed to sell its Great Bear Project in Canada for A$5.8 million, while announcing key board appointments to support its next growth phase.

Hydrocarbon Dynamics Limited (HCD) is set to transform its business by acquiring the Great Bear Copper-Gold-Silver-Uranium Project in Canada, backed by a $5.5 million capital raise and plans to re-list on the ASX under a new name.

Aerometrex Limited has reported a robust half-year performance with record revenue growth and a dramatic increase in EBITDA, signalling strong operational momentum as it advances its SaaS transition.

Close the Loop Limited reported a modest revenue increase for 1H26 but faced significant earnings declines due to operational challenges and strategic divestments. The company is focusing on core businesses and balance sheet strengthening to drive future growth.

GR Engineering Services has been named preferred contractor for the $225 million Tower Hill Gold Project near Leonora, marking a significant milestone in its mining sector portfolio.