Earnings release
Page 1
MEDIA RELEASE OM HOLDINGS LIMITED ( ARBN 081 028 337 ) ( Malaysian Registration No. 202002000012 ( 995782 - P ) ) Incorporated in Bermuda M OM Holdings Demonstrates Resilience with 1H2026 Performance Amidst Market Challenges 27 August 2026 - OM Holdings Limited ( " OMH " or the " Company " ) , an international manganese and silicon smelting group , has today announced its interim financial report for the half - year ended 30 June 2026 ( " 1H 2026 " ) . OMH recorded revenue of US $ 265.2 million for 1H 2026 , representing a 14 % decline as compared to the same period for 2025. This decrease was primarily due to lower volumes of manganese ores and ferrosilicon sold , despite marginally higher realised average selling price . Average selling prices for all products increased in 1H 2026. Accordingly , the Group delivered a higher gross profit of US $ 30.3 million in 1H 2026 ( with a gross profit margin of 11 % ) as compared to US $ 21.6 million in 1H 2025 , despite lower volume of products traded . Earnings Before Interest , Tax , Depreciation , and Amortisation also saw an increase to US $ 87.0 million for 1H 2026 compared with US $ 19.1 million for 1H 2025 . Commenting on the results , Executive Chairman and Chief Executive Officer of OMH , Mr Low Ngee Tong stated , " Following the challenging market conditions throughout FY2025 , we have seen a gradual improvement in the pricing environment , supported by evolving supply and geopolitical dynamics . The Group returned to profitability in 1H 2026 and strengthened its financial position through the early redemption of US $ 20.7 million of bonds and the sale of its 13 % effective interest in the Tshipi Mine , while returning capital to shareholders through a special dividend . Though it remains too early to determine whether the improvement in price is sustainable , we remain focused on operational resilience and disciplined capital management . " The Group's cash balances saw an increase to US $ 48.8 million as at June 2026. Total borrowings also decreased to US $ 181.1 million from US $ 213.1 million as at 31 December 2025 , effectively reducing the Group's borrowings - to - equity ratio from 0.50 times as at 31 December 2025 to 0.40 times as at 30 June Singapore Office : 10 Eunos Road 8 , # 09-03A Singapore Post Centre , Singapore 408600 Tel : 65-6346 5515 Fax : 65-6342 2242 Email address : om@ommaterials.com Website : www.omholdingsltd.com Malaysian Registered Office : Unit 30-01 , Level 30 , Tower A Vertical Business Suite Avenue 3 Bangsar South , No.8 , Jalan Kerinchi 59200 Kuala Lumpur , Malaysia ASX Code : OMH | Bursa Code : OMH ( 5298 )