Australia's Korvest falls to near three-month low as prelim annual profit slips
28/07/2026 02:40
BUZZ-Australia's Korvest falls to near three-month low as prelim annual profit slips ** Shares of Australia's Korvest KOV.AX fall as much as 10.2% to A$15.05, their lowest since May 5
** The cable and pipe support systems manufacturer posts preliminary annual profit attributable of A$12.4 million ($8.67 million), down 6.3% from prior year
** Company reports full-year revenue from ordinary activities of A$129.5 million, up 8.3% from the previous year
** Korvest stock up 16.4%, YTD
($1 = 1.4310 Australian dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
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