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Thungela Resources shares jump 11% on strong H1 earnings, cash flow, and higher interim dividend

Company Fundamentals
17 Aug 2026
Proactive Investors
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Bullish
Thungela Resources shares jump 11% on strong H1 earnings, cash flow, and higher interim dividend

Thungela Resources saw its shares rise up to 11% after reporting stronger first-half 2026 results, including a 6% increase in export saleable production to 8.5 million tonnes and a 2% revenue rise to R15.2 billion (£699 million). Adjusted EBITDA nearly doubled to R1.32 billion (£60.7 million), and net profit surged to R1.39 billion (£63.9 million). The company also boosted its interim dividend from R2.00 to R5.50 per share. Production improvements in South Africa and Australia, along with completed life-extension projects, support the company’s maintained 2026 production guidance.

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