Korvest Ltd. (AU:KOV) has released an update.
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Korvest Ltd reported a near-record earnings despite a 4.3% decline in revenue to $102.89m in FY24, attributed to lower major project revenue in their Industrial Products segment. The company announced an increased final dividend of 40.0 cents per share and expects continued growth in the infrastructure sector, with improvements in the day-to-day market and data centre offerings partially offsetting project revenue declines.
For further insights into AU:KOV stock, check out TipRanks’ Stock Analysis page.