Latest Sustainability In It News

Fletcher Building reported a $419 million net loss for FY25 on softer demand and legacy costs but halved its net debt to $999 million through strategic capital management and divestments.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Yancoal Australia reported a 16% rise in coal production for the first half of 2025 despite a 15% revenue decline due to softer coal prices, while sustaining a robust cash balance and declaring a fully franked interim dividend.

Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025, hit by falling coal prices and supply chain disruptions despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing key asset deals and growth projects.

Ainsworth Game Technology reported a steady profit before tax of $13.9 million for the first half of 2025, supported by a 25% revenue increase driven by strong North American and Asia Pacific markets.

Sandon Capital Investments reports a robust 72% increase in net profits, driven by a 32.2% portfolio return that more than doubles market performance, alongside a healthy fully franked dividend yield.

Sandon Capital Investments Limited reported a robust FY25 with a 28.2% total shareholder return, driven by a 32.2% gross portfolio gain and a $24.65 million net profit. The company also announced a fully franked quarterly dividend, underscoring its commitment to shareholder income.

Sky Metals Ltd has confirmed its recent trading halt was requested pending a material capital raising announcement, affirming compliance with ASX disclosure rules.

Teaminvest Private Group Limited has reversed last year’s losses to report a $2.33 million profit for FY2025, even as revenue slipped 5%. The company also maintained steady dividends and grew net tangible assets per share.

Hancock & Gore has completed a transformative acquisition of UK-based Trutex, creating a global schoolwear group with pro-forma revenues near A$200 million and EBITDA of about A$25 million. This deal marks a strategic repositioning as H&G rebrands to Schoolblazer Limited and consolidates its international footprint.

Pilot Energy has received a $3.9 million Petroleum Resource Rent Tax refund linked to decommissioning activities at the Cliff Head Oil Field, reinforcing its shift toward clean energy projects.

Centuria Capital Group has outperformed its FY25 earnings guidance, reporting a 4.3% rise in operating EPS and announcing ambitious FY26 growth targets alongside the launch of Australia’s first public sovereign AI Factory.