KMD Brands reports loss despite slight revenue increase

KMD Brands Limited (NZX:KMD) has announced its results for the six months ended January 31, 2025, reporting a net loss of NZD($20,704,000). Despite this loss, the company saw a slight increase in total revenue to NZD$470,945,000, a 0.5% increase compared to the previous corresponding period. The loss from continuing operations also amounted to NZD($20,704,000). The company declared no interim dividend. Net tangible assets per Quoted Equity Security were reported at $0.13. The results are based on unaudited accounts subject to review.