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K&S Corporation Limited (ASX:KSC)

ALERT: Price-sensitive ASX Announcement for KSC
Current share price for KSC : $3.010 -0.07 (-2.27%)+
Announcement
Release
25 Aug 2026 2:55PM
Price at Release
$3.080
Full Release
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Summary
K&S Corporation Limited reported a decrease in statutory profit after tax of 22% for FY2026, with profits before tax also dropping significantly to $32.6 million. Operating revenues saw a slight decline of 2.1%, though operating cash flow increased. Safety remained a priority as the Lost Time Injury Frequency Rate rose, prompting proactive measures. The Australian transport segment experienced reduced profit due to cessation of services to InfraBuild, while the New Zealand segment maintained stable revenue. The fuel trading business performed well, navigating fuel price volatility. The company maintained a strong balance sheet with increased net debt for expansion projects, and declared a final dividend of 6.0 cents per share.
Key Points
  • K&S Corporation's FY2026 statutory profit after tax decreased by 22%, with a statutory profit before tax of $32.6 million.
  • Operating revenues fell by 2.1% to $729.2 million in FY2026.
  • The Group's operating cash flow increased by 4.3% to $63.7 million.
  • The Lost Time Injury Frequency Rate increased to 6.8 in FY2026.
  • The Australian transport segment showed a 26.1% reduction in underlying profit before tax.
  • The majority of services for InfraBuild were ceased by July 2026.
  • The New Zealand business maintained stable revenue, aided by an improved domestic economy.
  • Fuel trading business showed strong financial results despite volatility in fuel prices.
  • The Group maintained a strong balance sheet with a gearing ratio of 12.8% and net debt of $55.8 million.
  • A final fully franked dividend of 6.0 cents per share was declared for FY2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.