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Timah Resources Limited (ASX:TML)

ALERT: Price-sensitive ASX Announcement for TML
Current share price for TML : $0.047 0.001 (2.17%)+
Announcement
Release
24 Feb 2026 6:01PM
Price at Release
$0.046
Full Release
download
Summary
Timah Resources Limited's Preliminary Final Report for the year ended 31 December 2025 reveals a challenging year with significant operational hurdles impacting performance. The Group faced a substantial drop in power exports due to a 112-day shutdown of their biogas plant caused by a flashover at the main busbar switchgear, resulting in a net loss of approximately RM1.2 million. Despite these challenges, the company reported a small profit of RM34,000, reversing the previous year's loss of RM3.5 million. Revenue decreased by 24% to RM6.6 million, mainly due to operational disruptions and a decline in POME feedstock intake. The report highlights improvements in energy conversion efficiency and outlines strategies for future profitability and shareholder value enhancement. TML continues to focus on mitigating risks and enhancing operational resilience.
Key Points
  • Significant operational challenges led to a 112-day biogas plant shutdown.
  • A net loss of approximately RM1.2 million due to shutdown.
  • Revenue dropped by 24% to RM6.6 million.
  • Profit reported at RM34,000 compared to a loss of RM3.5 million in the previous year.
  • Improvements in energy conversion efficiency.
  • Focused on mitigating risks and enhancing operational resilience.
  • Committed to enhancing shareholder value.
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.