Latest Operational Efficiency News

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

Kingfish Limited posted a $13.6 million net loss for the year ended 31 March 2026, with portfolio returns lagging the benchmark amid geopolitical tensions and AI sector uncertainty.

Spenda Limited has pushed back the closing date for its retail entitlement offer by five days, aiming to complete a critical $8.545 million capital raise to support its turnaround plan and reduce debt.

General Capital Limited posted record revenue growth of 18% to $26.76 million for FY26, driven by a 63% jump in loan receivables and a 34% rise in term deposits. The group declared a final dividend, reflecting confidence amid economic uncertainty and a positive credit rating upgrade for its finance subsidiary.

NobleOak Life Limited boosted its Embedded Value by 9% to $2.34 per share as of December 2025, driven by strong premium growth and market share gains. The insurer exceeded its FY26 in-force premium guidance with a 16% increase to $538 million.

Fleetwood is divesting its RV arm Camec and shutting its Smithfield manufacturing site to sharpen focus on modular building. The moves will cost up to $24 million in FY26 restructuring charges and halt the final dividend.

West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.

CONNEQT Health has raised A$5.5 million through a two-tranche placement at a 15.4% discount, backed by key shareholders, to accelerate its commercial expansion and product development.

Holista Colltech's joint venture Ovicoll has acquired industrial land in Collie to build a modular sheep collagen production plant, aiming for operation by December 2026.

VBX Limited has secured key environmental approvals that reduce the Wuudagu bauxite project footprint by nearly 10% while allowing mining rates up to 9 Mtpa. The project advances with a finalized Environmental Review Document and ongoing Definitive Feasibility Study, promising significant community and economic benefits.

Seeka anticipates a drop in net profit for 2026 following a return to typical kiwifruit yields in New Zealand and a weather-hit harvest in Australia. Automation efficiencies are helping to offset rising costs.

SciDev Ltd has completed a strategic review addressing past underperformance and is refocusing on an integrated water solutions platform targeting core markets. The company confirmed FY26 guidance with revenue of $82 to $87 million and underlying EBITDA of approximately $4 million, while maintaining a sound balance sheet.