Overview of Korvest Ltd's FY24 preliminary final report

Korvest Ltd (ASX: $KOV) has released its preliminary final report for the financial year ended 30 June 2024. The report includes the proposed final dividend, record date for entitlements, and a brief explanation of the figures reported. It also details the company's ESG strategy statement, core values, social, environmental, and governance performance, directors, financial results, dividends, principal activities, strategy, future performance, and environmental regulation.

Executive commentary on FY24 performance and strategy

The company's ESG vision integrates ESG considerations into all facets of its business activities, focusing on social responsibility, ethical conduct, environmental protection, and community benefit. Korvest has achieved significant improvements in safety performance, employee health and wellbeing, and environmental impact reduction. The commitment to diversity and inclusion, with specific gender targets set for various areas within the business, remains strong. Additionally, the Kilburn solar installations contributed approximately 35% of the electrical consumption of the Kilburn site during FY24.

Summary of Korvest Ltd's FY24 preliminary final report and outlook

Korvest Ltd's preliminary final report for FY24 provides a comprehensive overview of the company's financial and non-financial performance, governance, and remuneration practices. The report outlines the proposed final dividend, ESG strategy, core values, social, environmental, and governance performance, directors, financial results, principal activities, strategy, future performance, and environmental regulation. The company's ESG vision, safety performance, commitment to diversity and inclusion, and the contribution of solar installations demonstrate its focus on sustainable and responsible business practices. The proposed final dividend and the company's commitment to aligning with current trends in remuneration practices indicate a forward-looking approach to shareholder value and corporate governance.