Key points
- Revenue increased by 6.8% to $17.73 million
- Profit after tax surged by 2072.1% to $446,491
- Comprehensive profit from ordinary activities after tax attributable to members up 2072.1%
Full summary
Eneco Refresh Ltd's Preliminary Final Report for the financial year ending 30 June 2026 highlights a 6.8% increase in revenue to $17.73 million, driven by growth across various segments including Western Australia, Victoria, and Refresh Plastics. The company experienced a substantial 2072.1% increase in profit after tax to $446,491, reflecting the highest profit in the last 5 years. Despite market volatility due to the Middle East conflict, the company's strategic investments and operational efficiencies helped maintain profitability. The report also notes a significant improvement in net tangible asset backing per ordinary security, rising from $0.030 to $0.032.
Guidance
Revenue up 6.8% to $17.73 million, profit after tax up 2072.1% to $446,491
Outlook
The company is confident in its strategies to increase capabilities, capacity, and market share, with a focus on acquisitional opportunities and synergies.