Key points
- Profit after tax increased by 1,413.96% to $75.9 million
- Fully franked dividend of $0.10 per share declared
- Net tangible assets per share rose to $3.49 from $2.09
- Share buyback program approved for another 12 months
- Investment strategy focuses on commodities with strong demand outlook
Full summary
Tribeca Global Natural Resources Ltd. has released its financial report for the year ended 30 June 2026. The company reported a substantial increase in profit after tax, rising from $5.0 million in FY2025 to $75.9 million in FY2026, a 1,413.96% increase. The company declared a fully franked dividend of $0.10 per share, taking the full year dividend to $0.15 per share, implying a grossed-up yield of 7.6%. Net tangible assets per share also increased from $2.09 to $3.49, reflecting a 67% increase. The company's investment strategy, which focuses on commodities with strong demand outlooks, has been highlighted as a key driver of performance. The board has approved the continuation of the share buyback program for another 12 months, allowing for the purchase of up to 10% of outstanding shares.