Padenga Holdings Limited recorded strong growth in revenue and profitability for the year ended December 31, 2025, underpinned by improved performance in its gold mining operations.
According to the group’s audited condensed consolidated financial results, revenue from continuing operations rose by 26% to US$265.8 million, up from US$211.4 million in 2024. Profit before tax increased significantly by 114% to US$93.9 million, while profit for the year grew by 36% to US$57.0 million.
Cash generated from operating activities also strengthened, rising by 84% to US$110.2 million from US$60.0 million in the prior year, reflecting improved operational performance and cash flow generation.
Basic earnings per share increased to 6.92 US cents from 4.45 US cents, while headline earnings per share rose to 8.23 US cents, up from 2.92 US cents. The board declared a final dividend of 2.00 US cents per share, compared to 0.66 US cents in the previous year.
The group’s financial performance was largely driven by its mining operations, particularly under the Dallaglio subsidiary, which continues to be a key contributor to revenue and profitability.
Padenga indicated that it is targeting gold production of between 90,000 and 95,000 ounces, supported by ongoing investment in its mining assets, including Eureka and Pickstone mines.
In addition to mining, the group maintains its agribusiness segment, which includes crocodile farming operations. The business is showing signs of recovery, with the company focusing on improving product quality for high-end markets.
The results reflect a significant improvement in the group’s financial position, with growth recorded across key performance indicators, including revenue, profitability, and cash generation.
