Preliminary Final Report
| Stock | Korvest Ltd (KOV.ASX) |
|---|---|
| Release Time | 28 Jul 2026, 9:34 a.m. |
| Price Sensitive | Yes |
Korvest Ltd FY26 Preliminary Final Report
- Revenue increased by 8.3% to $129,540,000
- Profit from ordinary activities after tax decreased by 5.7% to $12,412,000
- Net profit and earnings per share both decreased by 5.7%
- Final dividend of 40 cents per share proposed
Korvest Ltd's preliminary final report for the financial year ending 30 June 2026 reveals an 8.3% increase in revenues from ordinary activities, reaching $129,540,000. Despite this growth, profit from ordinary activities after tax decreased by 5.7% to $12,412,000. The net profit for the period attributable to members also declined by 5.7% to $12,412,000, and earnings per share dropped by 6.3% to 104.9 cents. The company proposed a final dividend of 40 cents per share, fully franked. The financial effect of this dividend will be recognized in the next reporting period. The Dividend Reinvestment Plan is operating for the final dividend. Record date for determining entitlements to the dividend is 4 September 2026.
Revenue increased by 8.3% to $129,540,000; Profit decreased by 5.7% to $12,412,000
Korvest enters FY27 with record levels of work on hand, with a strong outlook for the infrastructure sector due to ongoing road and rail tunnels and data center construction in Australia.