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MLG Oz Limited (ASX:MLG)

ALERT: Price-sensitive ASX Announcement for MLG
Current share price for MLG : $0.655 -0.345 (-34.50%)+
Announcement
Release
17 Feb 2026 8:54AM
Price at Release
$1.000
Full Release
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Summary
MLG Oz Limited reported its financial results for the half year ending 31 December 2025. The company achieved a revenue of $287.2 million, marking a 5.2% increase compared to the previous year, while net profit after tax rose by 73.2% to $7.1 million. This performance reflects strong demand for MLG's integrated services, particularly in the gold sector, and improved operational efficiencies despite early disruptions due to heavy rainfall. A fully franked interim dividend of 1.25 cents per share was declared. The company continues to focus on capitalizing on market opportunities, maintaining strong safety standards, and pursuing disciplined capital allocation to enhance its service capabilities.
Key Points
  • Revenue increased by 5.2% to $287.2 million.
  • Net profit after tax rose by 73.2% to $7.1 million.
  • Strong demand in the gold sector drives performance.
  • Improved operational efficiencies despite weather disruptions.
  • A fully franked interim dividend of 1.25 cents per share announced.
  • Focus on safety improvements following a $750,000 fine.
  • Continued growth expected with strategic investments in equipment.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.