Appendix 4D
| Stock | K & S Corporation Ltd (KSC.ASX) |
|---|---|
| Release Time | 25 Feb 2025, 2:30 p.m. |
| Price Sensitive | Yes |
K&S Corporation Reports Half-Year Results
- Revenues down 9.3% to $383.5 million
- Profit after tax down 3.1% to $16.1 million
- Underlying profit after tax down 3.4% to $16.4 million
- Interim dividend of 8 cents per share, fully franked
K&S Corporation Limited has released its Appendix 4D: Half-year report for the six-month period ended 31 December 2024. The company reported revenues from ordinary activities of $383.5 million, down 9.3% from the previous corresponding period. Profit after tax (including significant items) was $16.1 million, a decrease of 3.1%, while underlying profit after tax (excluding significant items) was $16.4 million, down 3.4%. The significant items for the half-year related to an unrealised loss on the Group's interest rate swap. The company has declared an interim dividend of 8 cents per share, fully franked, payable on 3 April 2025. The record date for determining dividend entitlements is 21 March 2025. There is no dividend or distribution reinvestment plan currently in operation. The company's net tangible assets per share increased by 8.3% to $2.6 as of 31 December 2024.