Latest Profitability News

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Generation Development Group Limited updates its Dividend Reinvestment Plan price to AUD 3.86 per share for the upcoming fully franked dividend, signalling steady shareholder returns for the half-year ending December 2025.

Bailador Technology Investments is backing DASH Technology Group with an additional $5 million investment at a valuation below its current carrying value, reflecting cautious optimism amid market pressures.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

Peppermint Innovation Limited reported a $1.27 million net loss for the half-year ending December 2025 while achieving key milestones including activation of national payment rails in the Philippines and settling a statutory demand that led to an ASX trading suspension.

Synlait confirms the imminent sale of its North Island assets to Abbott for NZ$307 million, aiming to reset its balance sheet amid a challenging half-year result. The company unveils a recovery roadmap focused on stabilising and scaling its core operations.

Synlait Milk Limited has reported a significant half-year loss driven by manufacturing setbacks and market pressures, alongside a strategic recovery roadmap focused on asset sales and operational overhaul.

Premier Investments reported a modest 0.38% rise in net profit from continuing operations for the half-year ending January 2026, alongside a 3% increase in revenue and a fully franked interim dividend of 45 cents per share.

CLINUVEL Pharmaceuticals reports record first-half profits and confirms CEO Philippe Wolgen’s leadership through a pivotal growth phase, prioritising its vitiligo program and Nasdaq ambitions.

SunRice Group maintains its forecast for profit growth in FY26, even as revenue is expected to remain flat or slightly decline due to competitive pressures, adverse weather, and geopolitical disruptions.

Findi Limited has secured $9 million in the first tranche of its $25 million placement, enabling debt reduction and strategic shifts including the cancellation of the Nova transaction and increased ownership in Transaction Solutions International.

Alara Resources has announced that its Al Wash-hi Majaza Mine and concentrator in Oman are producing consistently above nameplate capacity, marking a significant operational milestone despite shipment delays.