tiprankstipranks
KMD Brands Reports Substantial Annual Losses
Company Announcements

KMD Brands Reports Substantial Annual Losses

KMD Brands Limited (AU:KMD) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

KMD Brands Limited reported a significant decline in their annual financial results, with revenue dropping by 11.2% and net profit plummeting by 232% compared to the previous year. The company also announced that no final dividend will be paid to shareholders, reflecting a challenging fiscal year ending 31 July 2024. The results have been fully audited, with further information available in the accompanying financial statements and media release.

For further insights into AU:KMD stock, check out TipRanks’ Stock Analysis page.

Related Articles
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