K & S Corporation Limited (AU:KSC) has released an update.
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K&S Corporation Limited has reported a mixed financial performance for FY2024, with a slight increase in statutory profit after tax and a decrease in operating revenues. The company maintained a strong balance sheet, driven by sound trading performance and strategic property acquisitions in Townsville and Adelaide. Despite challenging market conditions, all operating segments delivered solid results, reflecting K&S’s robust capital management and ongoing investment in its fleet.
For further insights into AU:KSC stock, check out TipRanks’ Stock Analysis page.