Bougainville Copper (BOC) H1 2026 earnings summary

Executive summary

• H1 2026 net loss widened to K13.398m from K7.357m; higher administration costs and a one-off AUD1.0m contract termination fee weighed on results.

• Net assets were K63.436m at 30 June 2026, down from K79.459m at 30 June 2025; ongoing operations are funded partly by selling investments.

Financial highlights

• Revenue from dividends and interest rose 9.5% to K1.552m from K1.417m; ordinary-activity expenses increased to K14.950m from K8.774m.

• Net loss after tax was K13.398m versus K7.357m; H1 2026 included a one-off AUD1.0m (PGK3.034m) contract termination fee.

• Net operating cash outflow was K12.263m versus K6.886m; K11.997m was received from investment sales, and period-end cash was K1.554m.

• Total comprehensive loss was K10.427m versus K0.983m; fair-value gains recognized in OCI were K2.971m versus K6.374m.

Outlook and guidance

• Further investment sales are planned in H2 2026 to fund ongoing operations; no formal earnings guidance was stated.

• No dividend was declared for H1 2026.