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KLE Group returns to profitability after prior year losses

 
KLE Group has reported a return to profitability for the year ended December 31, following losses in the previous year.
 
The company posted a net profit of $2.9 million, compared with a loss of $25.7 million in 2024.
 
Revenue for the year totalled $78.8 million dollars, while gross profit came in at $63.7 million.
 
KLE Group also recorded operating profit of $27.6 million, a turnaround from an operating loss of nearly $20 million in the prior year.
 
However, the company's performance was impacted by finance costs of just over $10 million, as well as a share of losses from an associate, which amounted to $19.2 million.
 
The results reflect an improvement in the company's overall financial position as it continues efforts to stabilise and grow its operations.
 


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