Kingston KSN posts H1 FY26 net profit of AUD 34.5m

Reuters
Mar 03
Kingston KSN posts H1 FY26 net profit of AUD 34.5m

Kingston Resources reported a net profit of AUD 34.5 million for H1 ended 31 December 2025, including a gain on sale of subsidiary of AUD 34.8 million following completion of the Misima Gold Project sale. Sales for the half year were AUD 35.3 million, with gross profit of AUD 18.9 million and EBITDA of AUD 42.8 million; basic and diluted earnings per share were 4.11 cents. Net cash from operating activities was AUD 2.6 million in H1, with cash and cash equivalents of AUD 24.9 million at 31 December 2025. Total assets were AUD 159.6 million and net assets were AUD 132.8 million at 31 December 2025. Operationally at Mineral Hill, Kingston produced 5,390 oz of gold and sold 5,335 oz of gold and 53,031 oz of silver in H1, processing 154,053 tonnes of ore at an average head grade of 1.69 g/t and ~70% recovery. The company commissioned the flotation circuit and commenced concentrate production in July 2025, progressed open pit mining at Pearse North and Pearse South, and advanced underground restart activities at the Southern Ore Zone, with long-hole production drilling scheduled to commence in April 2026. Kingston also reported an updated Mineral Resource Estimate at Mineral Hill increasing total Mineral Resources by 29% to approximately 10 Mt, and closed the Misima transaction with receipt of AUD 49.9 million cash and repayment of the AUD 15.0 million Pure Asset Management debt facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kingston Resources Limited published the original content used to generate this news brief on March 03, 2026, and is solely responsible for the information contained therein.

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