MLG Oz (ASX:MLG) delivered a standout half-year performance for the period ended Dec. 31, 2025, reporting a 73.2% surge in statutory net profit after tax.
The company's profit reached $7.1 million, up from $4.1 million in the prior corresponding period, driven by what management describes as "consistent and stable performances" across its core site services and haulage projects.
The logistics and mining services provider saw its statutory revenue climb to $287.2 million, a 5.2% increase fueled by "unprecedented" gold prices and sustained production levels within the mining sector.
On a pro-forma basis, the results were even more striking; NPAT skyrocketed by 90.2% to $7.8 million, while EBITDA margins expanded to 12.8%.
The figures account for the resolution of a $750,000 one-off fine related to a 2022 safety incident, allowing the company to move forward with a cleaner balance sheet.
Acting CEO Mark Hatfield highlighted the operational excellence of the teams, noting that demand remains robust across civil, mining, crushing, and screening sectors.
The board declared a fully franked interim dividend of 1.25 cents per share.
With gearing levels trending downward to 0.84x and net tangible assets rising, MLG enters the second half of FY26 with a strengthened market position and a "robust" outlook for the remainder of the financial year.