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Paladin Energy Ltd (ASX:PDN)

ALERT: Price-sensitive ASX Announcement for PDN
Current share price for PDN : $9.980 -2.72 (-21.42%)+
Announcement
Release
13 May 2026 9:05AM
Price at Release
$12.700
Full Release
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Summary
The interim financial report for Paladin Energy Ltd for the periods ended 31 March 2026 indicates that the company experienced a loss after tax of USD 9.752 million for the nine months ended 31 March 2026, compared to a loss of USD 53.192 million in the previous year. Revenue increased significantly to USD 209.050 million for the nine-month period, driven by sales of uranium (U3O8). The company's gross profit also improved to USD 34.416 million, although finance costs increased to USD 21.784 million. The financial position at the end of the period showed total assets of USD 1.339 billion and total liabilities of USD 294.556 million, resulting in net assets of USD 1.043 billion. Key operational insights include a focus on managing costs and liabilities, with non-current liabilities slightly reduced from the previous year.
Key Points
  • Paladin Energy Ltd reported a loss after tax of USD 9.752 million for the nine months ended 31 March 2026.
  • Revenue increased to USD 209.050 million, primarily from uranium sales.
  • Gross profit improved to USD 34.416 million.
  • Finance costs rose to USD 21.784 million.
  • Total assets were USD 1.339 billion with total liabilities of USD 294.556 million.
  • Net assets stood at USD 1.043 billion as of 31 March 2026.
  • The report highlights efforts to manage costs and liabilities.
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.