Latest Profitability News

Empire Resources Limited has completed the issuance of 1 million shares under the second tranche of its placement, following shareholder approval at the recent extraordinary meeting. This move strengthens the company’s capital base as it pushes forward with its gold and copper projects in Western Australia.

Cassius Mining’s Ghanaian subsidiary has escalated its damages claim to USD 905 million, citing lost profits from a stalled gold project, as the arbitration hearing looms in June.

PT Aneka Tambang Tbk (ANTAM) reported a historic financial year in 2025, with revenue up 22% and net profit more than doubling to Rp7.92 trillion, driven by strong domestic demand and operational efficiency. The company also navigates evolving Indonesian mining regulations and ongoing legal challenges as it invests in downstream nickel projects.

Rent.com.au has expanded its senior debt facility to $15 million and extended its term, fueling record growth in its RentBond® loan product and enhancing profitability through increased cash funding.

Kina Securities Limited has adjusted its FY25 net profit after tax downward by PGK6.1 million following auditor discussions, though the company’s cash flow and 2026 outlook remain unaffected.

Duratec Limited has delivered its strongest half-year performance to date, reporting record revenue and gross profit across its diversified engineering and construction services. The company’s investor briefing highlighted robust order books, strategic growth in Defence and Energy sectors, and expansion into new regional markets.

Centuria Office REIT has successfully refinanced $1 billion of debt, reducing margins by around 30 basis points and extending debt maturity to 4.3 years, with no expiries until FY29. This move signals strong lender confidence amid a volatile interest rate environment.

Delta Lithium has successfully produced battery-grade lithium carbonate and high-grade rubidium carbonate from mica concentrate at its Mt Ida project, confirming strong recovery rates and potential new revenue streams.

KMD Brands has reported solid half-year growth and launched a $65.3 million equity raising alongside debt refinancing to support its Next Level transformation strategy.

AIC Mines reports significant growth in Mineral Resources and Ore Reserves at its Eloise Copper Mine and Jericho Copper Project, underpinning potential mine-life extensions and production growth.

Collins Foods has agreed to transfer 20 of its 27 Australian Taco Bell restaurants to a new partnership involving Taco Bell’s parent company, marking a decisive step in its strategic exit from the brand.

Auric Mining Limited reported a near doubling of net profit to $5.2 million for 2025, marking its successful transition to a gold producer with key operational milestones at Munda and the acquisition of Burbanks processing facility.