KMD Brands Reports Substantial Annual Losses
Company Announcements

KMD Brands Reports Substantial Annual Losses

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

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.

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