---
title: "RMS: Revenue up, profit down sharply; major acquisition and asset sale reshape portfolio"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296541562.md"
description: "Revenue rose 1% to $1,032.8M, but net profit after tax fell 75% to $118.8M due to lower production and higher costs. Major acquisition of Spartan Resources and sale of Edna May Hub reshaped the portfolio. Gold production met guidance, and $255.1M was returned to shareholders.Original document: Ramelius Resources Limited [RMS] Annual Report — Aug. 21 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-20T22:18:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296541562.md)
  - [en](https://longbridge.com/en/news/296541562.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296541562.md)
generator: "portal-rs"
---

# RMS: Revenue up, profit down sharply; major acquisition and asset sale reshape portfolio

Revenue rose 1% to $1,032.8M, but net profit after tax fell 75% to $118.8M due to lower production and higher costs. Major acquisition of Spartan Resources and sale of Edna May Hub reshaped the portfolio. Gold production met guidance, and $255.1M was returned to shareholders.

Original document: Ramelius Resources Limited \[RMS\] Annual Report — Aug. 21 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

### Related Stocks

- [RMS.AU](https://longbridge.com/en/quote/RMS.AU.md)

## Related News & Research

- [Ramelius Resources Limited (RMLRF) Receives a Rating Update from a Top Analyst](https://longbridge.com/en/news/296729320.md)
- [RMS: Record shareholder returns and strong margins achieved, with cost inflation expected ahead](https://longbridge.com/en/news/296558675.md)
- [AI Winners, Victims, and the One Stock to Sell Now](https://longbridge.com/en/news/297431483.md)
- [Everyone Piled Into Gold at the Same Time. Then It Cracked. What’s Next?](https://longbridge.com/en/news/297513857.md)
- [AI Was Supposed to Kill Wix. Google Just Gave It a Way to Fight Back.](https://longbridge.com/en/news/297433684.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**