PRL Global (PRG) H1 2026 earnings summary

Executive summary

• Net profit for the half-year ended 31 December 2025 was $12.80M, up from $7.47M year-over-year.

• Fertiliser segment, driven by phosphate mining, saw strong production and sales, with 327,000 tonnes sold versus 307,000 last year.

• Logistics segment achieved a 75% increase in fertiliser trading revenues, totaling $1,026M for the half-year.

• Acquisition of Centrex Ltd and Ardmore Phosphate Mine completed in September 2025, contributing to segment growth.

• Fully franked interim dividend of 2 cents per share declared, record date 11 March 2026, payment 15 April 2026.

Financial highlights

• Revenue rose to $1,140.1M from $696.1M year-over-year.

• Gross profit increased to $40.7M from $25.2M year-over-year.

• Profit after tax was $12.8M, up from $7.5M year-over-year.

• Basic earnings per share from continuing operations rose to 11.48 cents from 6.47 cents.

• Net cash inflow from operating activities was $23.3M, down from $27.6M year-over-year.

Outlook and guidance

• Diversification strategy across mining and fertiliser markets aims to offset cyclical impacts.

• Segment performance expected to remain uncorrelated due to unique economic drivers.