REA swings to H1 FY26 profit of $16.38 million; revenue falls 4.11% to $88.61 million
Bitget2026/09/23 06:02- REA Holdings posted profit before tax of USD 25.88 million for H1 2026, more than doubled from USD 5.86 million.
- Revenue slipped 4.11% to USD 88.61 million, while operating profit rose 21.42% to USD 23.33 million.
- Net profit swung to USD 16.38 million from a loss of USD 2.59 million, while basic EPS returned to profit at 10.9 US cents.
- Net cash from operating activities climbed to USD 19.6 million from USD 5.77 million, while net indebtedness eased to USD 147.6 million.
- Management cited firm palm product pricing, expected inventory unwinding, and a 560-hectare mining access agreement spanning 12 years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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