Key Highlights

  • FY26 statutory net profit was approximately AUD 0.02 million.
  • Total group Assets were AUD 105.9 million and NTA was AUD 1.69 per share.
  • The group reported AUD 2.2 million in rental income and a net AUD 2.1 million property valuation uplift.

Market figures for Desane Group Holdings Ltd (ASX:DGH) showed AUD 0.79 per security and a 0.00% move. The company disclosed operating results and other details for the reporting period.

Financial Results and Valuations

Desane Group Holdings reported statutory FY26 net profit after tax of approximately AUD 0.02 million, compared with AUD 3.316 million in FY25. Rental income was AUD 2.198 million compared with AUD 2.262 million. At 30 June 2026, total group assets were AUD 105.9 million, net assets approximately AUD 69.1 million and NTA AUD 1.69 per share. The group recorded an approximately AUD 2.1 million uplift in fair values across its Investment property portfolio.

Property Projects and Leases

At 91 Thornton Drive in Penrith, Desane reported development approval and a construction certificate for a planned 44-unit industrial scheme. At 322 Norton Street in Leichhardt, demolition and excavation works were substantially completed for a Petbarn redevelopment associated with a 10+5+5-year lease. The Brisbane City Council Lease at 16 Industrial Avenue, Wacol, was extended to June 2030, while the lease at 7 Sirius Road, Lane Cove, was extended to November 2032.

Balance Sheet and Dividends

Cash and financial assets were reported at approximately AUD 10.9 million and borrowings at AUD 13.9 million at the end of FY26. Desane paid a special Dividend of 2.0 cents per share during the year, 82% franked, but did not declare a final dividend for FY26. The group reported that 159 Allen Street, Leichhardt, was fully leased and continued to carry a residential development consent.

Reported Developments and Next Reporting Priorities

The announcement for Desane Group Holdings Ltd (ASX:DGH) describes the reported period and identifies the figures above as either completed results, historical operating measures or management guidance where explicitly stated. The figures should be read in the context of their stated reporting periods and accounting definitions. The reported developments concern the company’s own operations, and the announcement does not establish that planned transactions, targets or forecasts have already been completed.