KMD Brands Reports 11.2% Revenue Decline and 232% Drop in Net Profit

KMD Brands Limited reported a challenging fiscal year ending July 31, 2024, with an 11.2% revenue decline and a staggering 232% drop in net profit. The company will not pay final dividends as it focuses on stabilizing operations amidst these setbacks. Investors are advised to monitor the stock (AU:KMD) for potential fluctuations and strategic initiatives aimed at recovery and growth.