Regis Resources has reported a 267 per cent year-over-year increase in net profit after tax for the first half of fiscal 2026, driven by record gold prices.
Regis said net profit for the fiscal first half ended December 31, 2025 jumped to AU$323 million from AU$88 million in the prior-year period.
The company produced 186,917 ounces of gold in the first half at AU$2,850 per ounce. Gold sales revenue increased 40 per cent year over year to AU$1.09 billion from 182,327 ounces of gold sold at an average price of AU$5,968 per ounce.
The company now sits on A$930 million in cash and gold bullion, up AU$413 million in the half.
Regis CEO Jim Beyer said: “Regis has delivered an outstanding financial result for the first half of FY26. The operational performance has increased the financial strength of our business translating to record EBITDA, NPAT and cash flow.
“Operational performance was in line with our plans and we continue to sell all our gold into record spot gold prices, generating exceptional growth in cash and bullion.”
The company is on track to deliver its full-year guidance and Beyer expects the company to deliver another period of significant cash generation amid the prevailing gold price environment.
Regis expects gold production to be in the range of 350 million ounces to 380 million ounces for the full year at a price of AU$2,610 to AU$2,990 per ounce.
The company declared a dividend of 15 cents per share totalling AU$114 million.
Regis also implemented a new capital management policy to formalise its intention to pay fully-franked ordinary dividends on a semi-annual basis.
Ordinary dividend payments are expected to represent between 25 per cent to 50 per cent of the group cash increase over the preceding financial half year.
