K&S Corporation Navigates Mixed FY2024 Results

K & S Corporation Limited (AU:KSC) has released an update.

K&S Corporation Limited reported a mixed financial performance for FY2024, with a slight decrease in underlying profit before tax and an increase in statutory profit after tax, despite lower operating revenues and cash flow. The company has continued to focus on operational efficiencies and cost-saving measures while dealing with supply chain challenges and investing in fleet renewal. They have also made significant property acquisitions and are planning the development of new transport terminals, alongside maintaining a strong balance sheet and extending debt facility maturities.

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