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Korvest Posts 33% Profit Surge on Major Project Growth and Record Capex

8:56am on Friday 23rd of January, 2026 AEDT Industrial Products
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Korvest Posts 33% Profit Surge on Major Project Growth and Record Capex

8:56am on Friday 23rd of January, 2026 AEDT
Key Points
  • Revenue increased 17.9% to $60.3 million
  • Profit before tax rose 33.2% to $5.4 million
  • Engineering claim costs total $1.435 million with expected recovery
  • Record capital expenditure on site redevelopment and fleet expansion
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