Trading Update

Our January 2021 outlook statement expected that the second half trading would be
similar to the conditions experienced during the first half.
During the second half the volume supplied to the major project will exceed the first
half and activity in the small project and day-to-day market has also improved due to
increased confidence and investment in the construction sector.
As a result of these improvements, Korvest’s second half profit before tax is expected
to be in the range of $3.3 - 3.8 million compared to the first half’s $2.2 million
(excluding the impact of JobKeeper in the first half).
This forecast is based on expected delivery requirements for a number of larger
EzyStrut projects. These delivery schedules can change at short notice resulting in
accelerated or delayed deliveries to suit the construction process. Any changes to
delivery schedules will impact on timing only and not the overall volume to be
supplied to the projects.

courtesy of Bell Direct
=========================================================================

DYOR

i hold KOV

Trading Update
On 6 May 2021 Korvest announced that its second half profit before tax was
expected to be in the range of $3.3 – 3.8 million. Since then, activity in all market
segments has increased. Supply to East Coast major projects accelerated during
May and June. Nationally, activity in the small project and day-to-day market also
grew to levels above those experienced earlier in the year.
As a result of the increase in activity during May and June, the unaudited trading
results indicate that the second half profit before tax will be in the range of $4.4 – 4.7
million.
Korvest’s full year results are expected to be announced on 22 July 2021.

courtesy of Bell Direct
=========================================================================

DYOR

i hold KOV

Trading Update On 7 October 2021 Korvest announced that it expected the first half profit before tax, including the previously disclosed profit on sale of Power Step and Titan Technologies, to exceed $8 million.
The second quarter trading has exceeded expectations with a significant concentration of major project work and ongoing strength in the small projects and day-to-day markets. As a result, the preliminary trading results, which have not yet been subject to audit review, indicate that the first half profit before tax will be in the range of $9.4 – 9.8 million. Korvest’s half year results are expected to be announced on 21 January 2022 and will include an update on expected second half trading.

DYOR

i hold KOV ( av. SP $3.17 , so up 144% for me )

going nicely for me NOW , but there was a time my patience was tested ( and was wondering if i had got this one wrong )

Trading Update
On 21 January 2022 when Korvest announced its first half results, it advised that it
expected the second half result would be more comparable with 2H FY21 than with
1H FY22. As expected, second half trading is below the record levels experienced in
the first half, however activity is higher than 2H FY21 levels.
As a result, it is expected that the profit before tax for the full FY22 financial year will
be in the order of $16 million.
Korvest’s full year results are expected to be announced on 22 July 2022.

DYOR

i hold KOV