Korvest (KOR) Reports FY26 Revenue Growth Amidst Profit Dip

Korvest (KOR) Reports FY26 Revenue Growth Amidst Profit Dip

Korvest Ltd (ASX: KOR) has released its preliminary final report for the financial year ended 30 June 2026 (FY26), revealing an uptick in revenue alongside a dip in net profit. The company, specialising in hot dip galvanising, sheet metal fabrication, and cable and pipe support systems, saw revenue from ordinary activities increase by 8.3% to $129.54 million. Concurrently, profit after tax attributable to members declined by 5.7% to $12.412 mill…

Korvest (ASX:KOV) clocks record orders as Kilburn factory finally lands on budget

Sales up 8.3% and a A$1.1m remediation credit reset the FY27 earnings picture Korvest (ASX:KOV) has delivered an FY26 result that looks softer than it actually is. Sales rose 8.3% to A$129.5 million, but EBIT slipped 3.3% and NPAT fell 5.7% to A$12.41 million. On the surface, that reads like a company running harder to stand still. Look one layer down and the picture changes. Second-half EBIT grew 23% versus the first half on a pre-remediation b…