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Gowing Brothers Ltd (ASX:GOW)

ALERT: Price-sensitive ASX Announcement for GOW
Current share price for GOW : $2.250 0.05 (2.27%)+
Announcement
Release
26 Mar 2026 9:55AM
Price at Release
$2.200
Full Release
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Summary
Gowing Bros. Limited released its interim financial report for the half-year ended 31 January 2026, detailing a net loss after tax of $968,000 compared to a loss of $2.27 million the previous year. The total comprehensive income for the half-year was $8.36 million, significantly up from $650,000 the year before. Key financial performance metrics include total revenue of $29.51 million and total expenses of $31.89 million. The company saw revenue from several segments including investment properties, development properties, and the Surf Hardware International business. The report also highlighted net assets of $203.48 million as of 31 January 2026, an increase from $196.09 million at the end of July 2025. Earnings per share stood at a loss of 1.80 cents, with dividends paid at 3.0 cents per share.
Key Points
  • Net loss after tax for the half-year was $968,000.
  • Total comprehensive income was $8.36 million.
  • Total revenue amounted to $29.51 million.
  • Total expenses were $31.89 million.
  • Net assets as of 31 January 2026 were $203.48 million.
  • Earnings per share recorded a loss of 1.80 cents.
  • Dividends paid were 3.0 cents per share.
  • Revenue sources included investment properties and Surf Hardware International.
  • The financial report covers the period ending 31 January 2026.
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.