Whitefield Industrials (WHF) Q2 2026 TU earnings summary

Executive summary

• Portfolio outperformed its benchmark, with 3-year returns at 17% per annum and a gross dividend yield of 5.3% per annum.

• Net profit after tax for the six months ended 30 September 2025 was $10.5m, equating to 8.7 cents earnings per share.

• Over 70% of dividend-paying stocks in the portfolio maintained or increased dividends during the half year.

Financial highlights

• Revenue for the half year was $12.8m, down 3% year-over-year; profit before tax was $11.3m, down 4%.

• Net profit after tax decreased 4% year-over-year, mainly due to a smaller portfolio, absence of a prior year special dividend, and a missed interim dividend from Premier Investments.

• Earnings per share declined to 8.7 cents from 9.0 cents year-over-year.

• Half-year dividend of 10.5 cents fully franked to be paid in December 2025, annualized yield of 5.3%.

Outlook and guidance

• Australian economic outlook for 2026 remains favorable, with robust construction, rising government and healthcare spending, and strong financial services revenues.

• Some risk remains from potential US trade tariffs, which could impact global inflation.

• Positive outlook for Australian business into 2026, supported by firm economic conditions.