Latest Profit Growth News

Nick Scali Limited has upgraded its first half FY26 revenue and profit guidance, citing stronger than expected sales growth in Australia and New Zealand.

SunRice reported a 14% rise in net profit for the first half of FY26 despite a revenue dip, reaffirming its growth outlook and updating paddy price guidance amid a forecast drier season.

Tamawood Limited anticipates a substantial 40% to 50% increase in first-half FY26 profit before tax, driven by a 36.5% rise in sales and improved Work In Progress reporting confirmed by auditors.

Treasury Wine Estates moderates its first-half fiscal 2026 outlook due to softer US and China markets, unveiling a major transformation program targeting $100 million in annual cost savings starting next year.

Magellan Investment Partners has launched the Magellan Global Opportunities Fund, an actively managed ETF targeting long-term outperformance of the MSCI World Index with a strong ESG focus and reduced management fees.

Harmoney Corp Limited reported a staggering 742% increase in Cash NPAT for FY25, driven by its new Stellare® 2.0 platform and operational efficiencies. The company reaffirmed its ambitious $12 million profit target for FY26 while unveiling a secured car loan product and securing a major bank debt facility.

CTI Logistics Limited anticipates a significant 55% increase in profit before tax for the half year ending December 2025, driven by robust revenue growth and operational improvements in Western Australia.

Vita Life Sciences forecasts solid sales and profit growth for FY2025, driven by strong performances in Malaysia and Singapore, while cautiously managing challenges in China exports.

Bass Oil has signed a binding three-year gas sales agreement with Origin Energy for supply from the Vanessa Gas Project, marking a strategic entry into the East Coast Gas Market starting in 2026.

Harmoney has secured a $15 million revolving debt facility from a major Australian bank, refinancing its previous loan at a significantly lower margin and underpinning future growth.

Collins Foods Limited reported solid half-year growth with revenue up 6.6% and net profit rising 12.7%, driven by strong performance in its KFC operations across Australia and Europe. The company declared a fully franked interim dividend of 13 cents per share, while navigating increased provisions linked to wage compliance and ongoing class action litigation.

Gale Pacific’s FY25 results reveal a challenging year marked by tariff disruptions in the Americas, prompting a strategic overhaul of its US operations to safeguard future growth.