Latest Profitability News

Oliver’s Real Food reports improved gross margins and reduced expenses despite a 6% sales decline, driven by strategic store closures and operational efficiencies.

Northern Star Resources reaffirms its Ore Reserves and Mineral Resources as of March 2025, maintaining steady production targets and a robust balance sheet while advancing key growth projects including the KCGM Mill Expansion and the Hemi Development Project.

Maxiparts Limited has announced a fully franked ordinary dividend of AUD 0.0312 per share for the half-year ending June 2025, alongside confirmation of its dividend reinvestment plan price at AUD 2.57.

The Lottery Corporation Limited has confirmed its fully franked interim dividend and set the Dividend Reinvestment Plan price at AUD 5.91 per share, offering shareholders a clear path to reinvestment for the six months ending June 2025.

Botala Energy has disclosed an inadvertent breach of ASX Listing Rule 10.11 involving the issuance of shares to a related party without shareholder approval, and is taking corrective steps to resolve the issue.

Tolu Minerals Limited reported a $6.7 million loss for the half-year to June 2025, doubling last year’s deficit as it invests heavily in refurbishing the Tolukuma Gold Mine and expanding exploration. A recent $27.25 million capital raise aims to fund these ambitious development plans.

ABx Group has locked in a significant investment deal with Good Importing International to develop its bauxite projects in Queensland and New South Wales, positioning itself to capitalize on recent global supply disruptions.

Tower Limited has raised its full-year profit guidance significantly, driven by lower-than-expected large event costs, even as it moderates its premium growth outlook.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Fortescue Ltd has updated its dividend details, confirming a fully franked AUD 0.60 per share payout for FY2025 alongside a Dividend Reinvestment Plan allocation price of AUD 18.82.

IODM Limited reports a striking 227% year-on-year revenue surge in its UK Education segment for the first two months of FY26, signaling robust momentum ahead of a key invoicing period.

Antilles Gold has signed a binding agreement with Chinese firm Xinhai to advance the Nueva Sabana copper-gold mine in Cuba, including a major EPC contract and a substantial credit facility that reduces project risk.