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An announcement from CI Resources Limited ( (AU:PRG) ) is now available.
PRL Global Ltd and its controlled entities reported a strong first half for the period ended 31 December 2025, with revenue from continuing operations rising 64% year-on-year to $1.14 billion and net profit for the period more than doubling to $17.25 million. Earnings per share from continuing operations increased to 11.48 cents, while net tangible asset backing per share also improved, underscoring a solid strengthening of the group’s balance sheet.
Profit from ordinary activities after tax attributable to members climbed 71% to $12.8 million, and total comprehensive income attributable to members rose 6% to $17.17 million, supported in part by the contribution from Centrex Limited, acquired in September 2025. The board paid dividends totaling 2 cents per share in the half and has recommended a further interim dividend of 2 cents per share payable in April 2026, signaling confidence in cash generation and offering a tangible uplift for shareholders.
The most recent analyst rating on (AU:PRG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on CI Resources Limited stock, see the AU:PRG Stock Forecast page.
More about CI Resources Limited
PRL Global Ltd is a diversified company operating through PRL Global and its controlled entities, with activities spanning multiple business lines reflected in its consolidated financial reporting. The group focuses on generating revenue from continuing operations and managing a portfolio of subsidiaries, including newly acquired Centrex Limited, to drive earnings growth for its shareholder base.
Average Trading Volume: 3,775
Technical Sentiment Signal: Buy
Current Market Cap: A$149.5M
Learn more about PRG stock on TipRanks’ Stock Analysis page.