tiprankstipranks
Company Announcements

K & S Corporation Reports Mixed Financial Results Amid Revenue Decline

Story Highlights
K & S Corporation Reports Mixed Financial Results Amid Revenue Decline

K & S Corporation Limited ( (AU:KSC) ) has issued an announcement.

K & S Corporation Limited reported a decline in operating revenue by 9.3% and a slight decrease in statutory profit after tax by 3.1% for the half-year ending December 2024 compared to the previous year. Despite these declines, the company saw a significant increase in total assets by 9.4% and shareholders’ funds by 10%, indicating a strong financial position. The company also improved its safety record with a 42.9% reduction in lost time injuries. However, the dividend per share decreased by 20%, reflecting the overall challenging financial environment.

More about K & S Corporation Limited

K & S Corporation Limited operates in the logistics and transportation industry, providing freight and logistics services. The company focuses on delivering efficient and reliable transportation solutions across various sectors.

YTD Price Performance: -1.95%

Average Trading Volume: 4,846

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$481.7M

For an in-depth examination of KSC stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1