Latest Profit Growth News

Australian Agricultural Company (ASX:AAC) defied North Queensland floods to deliver a 23% jump in operating profit, driven by strong beef pricing and herd valuation gains.

RLF AgTech has revamped its executive remuneration to tie CEO incentives directly to share price hurdles, revenue growth, and operating cash flow, reinforcing its focus on sustainable profitability.

Flight Centre Travel Group has trimmed its FY26 profit forecast due to Middle East conflict impacts on leisure travel, while launching a fresh $200 million share buy-back reflecting confidence in recovery.

Swoop Holdings’ Moose Mobile has struck a wholesale MVNO agreement with TPG Telecom, aiming to lift gross margins by 50% and grow its subscriber base to over 180,000 within three years.

Beamtree Holdings has appointed Gareth Pye as its new CEO, aiming to pivot towards stronger operational execution and commercial focus amid ongoing international expansion.

Tourism Holdings Limited has allowed the BGH-led consortium to conduct due diligence after a revised all-cash offer of NZ$3.10 per share. The Board remains cautious, with no recommendation or decision yet on the potential acquisition.

Kingfish Limited's May update reveals a robust 5.5% portfolio return, driven by standout performances from Fisher & Paykel Healthcare and Infratil amid mixed sector headwinds.

Green Cross Health Limited reported a 28% rise in net profit to NZD 20.4 million for FY26, driven by gains in both pharmacy and medical divisions. The company announced a conditional sale of its Medical division to Tend Health for NZD 270 million, aiming to refocus on its core pharmacy business.

ANTAM's 2025 AGM approved a record Rp5.04 trillion dividend distribution, reflecting a 106% profit surge. The company also greenlit a government-backed nickel downstreaming program to build Indonesia's EV battery ecosystem.

Wesfarmers outlines a bold growth and productivity agenda centred on AI integration, expanding retail footprints, and lithium project progress, underpinning strong shareholder returns and portfolio resilience.

Whitefield Income Limited has successfully completed its pro-rata entitlement offer and shortfall offer, raising the maximum A$108 million at A$1.22 per share with demand exceeding supply.

Cedar Woods Properties has secured over 740 new townhouse and apartment lots across Victoria and Queensland, boosting its medium-term development pipeline while maintaining a strong sales and earnings outlook.