InvestSMART

Tasmea Limited (ASX:TEA)

ALERT: Price-sensitive ASX Announcement for TEA
Current share price for TEA : $9.570 5.82 (155.20%)+
Announcement
Release
24 Feb 2026 9:12AM
Price at Release
$3.750
Full Release
download
Summary
Tasmea Limited's Appendix 4D half-year report for the period ending 31 December 2025 reveals substantial revenue growth but a decline in statutory profit. The revenue increased by 62.4% compared to the previous period, reaching $400.5 million. However, the statutory net profit after tax decreased by 19.8%, amounting to $22.3 million. The underlying profit, excluding non-recurring items, showed a 32.2% increase to $26.6 million. The company announced an interim dividend of 6 cents per share and plans to apply its Dividend Reinvestment Plan. Tasmea Limited also acquired the WorkPac Group to enhance its workforce solutions capability.
Key Points
  • Revenue from ordinary activities increased by 62.4% to $400.5 million.
  • Statutory profit after tax decreased by 19.8% to $22.3 million.
  • Underlying profit after tax increased by 32.2% to $26.6 million.
  • Net cash from operating activities rose by 94.7%.
  • Tasmea announced a 6.0 cent interim dividend.
  • The Dividend Reinvestment Plan applies to the FY26 Interim Dividend.
  • Tasmea Limited acquired 100% of WorkPac Group.
  • WorkPac Group acquisition strengthens Tasmea's workforce solutions.
  • The financial statements were reviewed by auditors Ernst & Young.
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.