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SSH Group lifts profit more than 30-fold on mining services growth

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SSH Group lifts profit more than 30-fold on mining services growth

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SSH Group Ltd. ( (AU:SSH) ) just unveiled an update.

SSH Group Ltd reported a strong first half to 31 December 2025, with revenue rising 25% to $24.2 million as mining services activity expanded and utilisation improved across its hire platforms. Increased deployment on gold development projects underpinned a sharp turnaround in profitability, with net profit after tax jumping to $1.1 million and EBIT climbing 51%, though the company does not plan to pay a dividend.

The group also strengthened its balance sheet, lifting cash to $6.6 million and total equity to $14.1 million, while reducing operating asset debt and continuing to fund strategic growth initiatives. Management highlighted improved operating leverage as the business scales, signalling growing operational momentum and a more resilient financial footing for stakeholders in a competitive mining services market.

The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.

More about SSH Group Ltd.

SSH Group Ltd operates in mining-related services, providing operational support and hire platform solutions to resource projects, with a growing focus on gold development work. The company’s activities centre on supplying services and equipment to mining operations, leveraging increased utilisation of its hire assets across expanding projects in the sector.

Average Trading Volume: 78,122

Technical Sentiment Signal: Buy

Current Market Cap: A$21.25M

Learn more about SSH stock on TipRanks’ Stock Analysis page.

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