Korvest Ltd (KOV.AX)

6.98 +0.13 (+1.90%) At close: 03:33PM AEST

Korvest Ltd

580 Prospect Road
Kilburn, SA 5084
Australia
61 8 8360 4500
https://www.korvest.com.au

Sector(s): Industrials
Industry: Metal Fabrication
Full-time employees: 207

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Chris A. Hartwig B.A., M.A.I.C.D.	MD & Director	537.03k	N/A	1971
Mr. Steven John William McGregor A.C.I.S., ACIS, AGIA, B.A., BA(Acc), CA, F.C.A.	Fin. Director, Company Sec. & Exec. Director	387.8k	N/A	1971
Mr. Gavin Christie	Gen. Mang. of Operations	278.29k	N/A	N/A
Mr. Stephen Taubitz	Gen. Mang. of Sales - EzyStrut	343.47k	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Korvest Ltd, together with its subsidiaries, engages in hot dip galvanizing, sheet metal fabrication, manufacture of cable and pipe support systems and fittings, and design and assembly of access systems for large mobile equipment in Australia. It operates through two segments, Industrial Products and Production. The Industrial Products segment manufactures electrical and cable support systems, and steel fabrication and access systems. It also sells, hires, and repairs high torque tools, such as hydraulic torque wrenches, pneumatic continuous torque wrenches, electronic continuous torque wrenches, huck tools, and power rigs. This segment conducts its business under the EzyStrut, Power Step, and Titan Technologies names. The Production segment provides hot dip galvanizing services. It serves infrastructure, commercial, utilities, mining, food processing, oil and gas, power stations, health, and industrial sectors. The company was incorporated in 1970 and is based in Kilburn, Australia.

Corporate governance

Korvest Ltd’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.