Latest Government It News

Select Harvests Limited reported a strong financial turnaround in FY2024 with a $46 million EBITDA and a modest net profit, while facing shareholder concerns over a recent capital raise and remuneration report at its AGM.

5G Networks Limited has closed its on-market takeover offer for AuCyber Limited, acquiring an 89.685% stake but falling short of the 90% threshold needed for compulsory acquisition.

Aerometrex has appointed Robert Veitch as Acting CEO following Steve Masters' resignation, signaling a strategic push to accelerate revenue and profitability.

Evion Group NL has announced a pro-rata non-renounceable entitlement issue of over 219 million New Options to raise approximately $659,000. The capital will support key development and feasibility initiatives in Madagascar and India, underscoring the company's strategic growth ambitions amid inherent investment risks.

Adriatic Metals has announced a A$80 million equity raising aimed at fast-tracking the expansion of its Vares Silver Operation in Bosnia and Herzegovina, supporting increased production capacity and strengthening its balance sheet.

Antilles Gold Limited is raising $1 million through a share and option placement to support working capital and development of its Nueva Sabana copper-gold mine in Cuba.

ARB Corporation Limited posted a 5.9% rise in sales revenue to $361.7 million for 1H FY2025, driven by strong export growth, while profit before tax edged down 0.7% amid rising costs and subdued domestic vehicle sales.

SG Fleet Group reported robust first-half 2025 results, driven by strong delivery volumes and revenue growth across Australia, New Zealand, and the UK, despite ongoing pressures in the used vehicle market.

SG Fleet Group reported a solid $41.1 million NPAT for the first half of 2025, driven by strong disposal volumes and fleet growth across Australia, New Zealand, and the UK. While profit dipped from last year, the company anticipates normalization in the second half.

Li-S Energy reports a $2.67 million net loss for H1 FY25 but marks significant milestones in lithium sulfur battery production and strategic partnerships.

Rapid Lithium has successfully placed the full $1 million shortfall from its recent entitlement issue, positioning the company to advance exploration projects in Canada and the USA.

Dexus has reported a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while maintaining strong portfolio occupancy and confirming steady distributions.