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K & S Corporation Reports Decrease in Revenue and Dividend for H2 2024

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K & S Corporation Reports Decrease in Revenue and Dividend for H2 2024

An update from K & S Corporation Limited ( (AU:KSC) ) is now available.

K & S Corporation Limited reported a 9.3% decrease in revenues for the six-month period ending December 31, 2024, compared to the previous year. Despite a slight decline in profit after tax, the company announced an interim dividend of 8.0 cents per share, down from 10.0 cents in the previous period. The report highlights an unrealized loss on the group’s interest rate swap as a significant item affecting financial results. The net tangible assets per share increased by 8.3%, indicating a stronger asset position.

More about K & S Corporation Limited

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

YTD Price Performance: -1.95%

Average Trading Volume: 4,846

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$481.7M

For a thorough assessment of KSC stock, go to TipRanks’ Stock Analysis page.

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