Markets· August 17, 2026 at 12:02 p.m.
Thungela Resources Reports Strong First-Half Earnings and Cash Generation
Key takeaways
- Thungela's adjusted EBITDA rose to ZAR 1.3 billion
- The company declared an interim dividend of ZAR 5.50 per share
- Net cash reached ZAR 6.1 billion
Thungela Resources Limited, a coal mining company, reported higher first-half earnings and cash generation for 2026. The company's adjusted EBITDA nearly doubled to ZAR 1.3 billion, adjusted operating free cash flow rose to ZAR 1.9 billion, and net cash reached ZAR 6.1 billion. Thungela declared an interim dividend of ZAR 5.50 per share. The strong performance was attributed to improved export volumes, stronger benchmark coal prices, and lower operating costs.
