Korvest (ASX:KOV) logged growth for the six months ended Dec. 31, 2025, with revenue from trading operations rising 17.9% to $60.3 million, driven by higher activity in its industrial products segment.
Profit before tax increased 33.2% to $5.4 million, boosted by a $163,000 accounting gain from a lease termination.
This was partially offset by $566,000 in engineering claim costs related to a third-party design fault, bringing total claim-related costs for the period to $1.4 million.
Revenue from the EzyStrut range grew 19.3%, supported by all sales channels and particularly strong major project activity, with three projects supplied compared to just one in the prior period.
Branch network costs rose due to higher headcount, annual salary adjustments, and relocation costs for the Queensland branch, which moved to a larger site in December.