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PLS Group Limited (ASX:PLS)

ALERT: Price-sensitive ASX Announcement for PLS
Current share price for PLS : $2.900 -2.17 (-42.80%)+
Announcement
Release
24 Aug 2026 7:45AM
Price at Release
$5.070
Full Release
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Summary
PLS Group Limited's 2026 Annual Report highlighted a robust financial performance with operating revenue reaching AUD 1,934 million and a net profit of AUD 550.8 million, a strong turnaround from the previous year's loss. The company reported increased cash reserves and significant mineral resources and ore reserves at the Pilgangoora site. Total assets were noted at AUD 6,315 million, supported by a solid financial position with total liabilities at AUD 2,143 million. The report covers comprehensive financial data, resources, and company governance details.
Key Points
  • PLS Group Limited reported a significant increase in operating revenue to AUD 1,934 million for the financial year ending 30 June 2026.
  • Net profit for the year was AUD 550.8 million, a substantial recovery from the loss of AUD 93.1 million in 2025.
  • The group's cash and cash equivalents rose significantly to AUD 2,279 million, indicating improved liquidity.
  • Total comprehensive income for the year was AUD 559.1 million.
  • The mineral resources of the Pilgangoora deposit were reported with Measured Resources at 16 million tonnes and Indicated Resources at 354 million tonnes as of 30 June 2026.
  • Ore Reserves at Pilgangoora stood at 192.3 million tonnes with a Li2O grade of 1.17%.
  • The financial position of the company showed total assets of AUD 6,315 million against total liabilities of AUD 2,143 million.
  • The annual report includes financial statements, mineral resources and ore reserves details, and director's remuneration.
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.