K&S Corporation Limited (ASX:KSC) Releases Half-Year Report
Financial Performance
K&S Corporation reported a 9.3% decrease in revenues, dropping to A$383.5 million for the six months ended 31 December 2024. Profit after tax from ordinary activities fell by 3.1% to A$16.1 million, while underlying profit after tax decreased by 3.4% to A$16.4 million. Significant items included an unrealised loss on the Group’s interest rate swap.
Dividends
The Company announced an interim dividend of 8.0 cents per security, fully franked, payable on 3 April 2025. The record date for determining dividend entitlements is set for 21 March 2025, down from 10.0 cents per security in the previous period.
Net Tangible Assets
Net tangible assets per share increased by 8.3%, reaching A$2.6 as of 31 December 2024, compared to A$2.4 in the previous year.
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