Kap LimitedJSE: KAP

KAP: Operating profit down 14% as project ramp-up and weak markets offset modest revenue growth

· Issued by Kap Limited

Revenue grew 2% to $29.6 billion, but operating profit fell 14% due to major project ramp-up costs and market pressures. Key divisions saw mixed results, with strong project execution but significant impairments and subdued margins.

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