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Thungela Resources (TGA) investor relations material
Thungela Resources H1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
EPS for the six months ended 30 June 2026 is expected between R10.75 and R11.10, up from R1.93 in the prior period, reflecting a significant increase of 457-475%.
Headline EPS (HEPS) is expected between R4.60 and R4.95, up from R1.92, an increase of 140-158%.
Earnings attributable to shareholders are projected between R1.3 billion and R1.4 billion; headline earnings between R580 million and R630 million.
Results were impacted by volatile market conditions and a non-cash profit from the sale of the Kleinkopje mining right.
Financial highlights
EPS increased by R8.82–R9.17 per share year-over-year.
HEPS increased by R2.68–R3.03 per share year-over-year.
Weighted average shares for the period: 126,976,527 (current) vs. 131,790,424 (prior).
Outlook and guidance
Final EPS and HEPS figures are subject to finalization of key areas of judgement; any changes will be communicated.
Financial results for the six months ended 30 June 2026 will be released on 17 August 2026.
- Resilient results, strong returns, and strategic progress marked the AGM, with most resolutions passed.TGA
AGM 20249 Jul 2026 - All AGM resolutions passed except remuneration policy implementation, prompting further board engagement.TGA
AGM 20258 Jul 2026 - Net profit fell on weaker prices, but export volumes and shareholder returns increased.TGA
H2 20248 Jul 2026 - Strong safety record, higher export prices, and increased sales support robust cash generation.TGA
Trading update30 Jun 2026 - All resolutions passed amid strong performance, leadership change, and reinforced ESG commitments.TGA
AGM 20266 Jun 2026 - Lower coal prices drove a net loss despite strong production and ZAR 701m in shareholder returns.TGA
H2 202523 Mar 2026 - Impairment losses and weak coal prices drive a significant swing to loss per share in 2025.TGA
H2 2025 TU2 Mar 2026 - Net profit dropped sharply, but cash returns and investment remained strong.TGA
H1 202513 Feb 2026 - Net profit down on lower coal prices, but production, safety, and shareholder returns improved.TGA
H1 20241 Feb 2026
Next Thungela Resources earnings date
Next Thungela Resources earnings date
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