Kaiser Reef (ASX:KAU) reported Friday that it swung to a profit of AU$0.0145 in the fiscal first-half from a loss of AU$0.0272 a year earlier.
Revenue for the six months ended Dec. 31, 2025, was AU$93.8 million, compared with AU$7.7 million a year earlier.
The company's shares fell past 5% in recent Friday trade.