Companies can pay dividends out of current year profits...

Companies can pay dividends out of current year profits especially if they have positive Total Equity.
KCN does have positive Total Equity at 31Dec23 of $33.4mil and although they do have $754.4mil in accumulated losses then, they can at anytime set-off the bulk of those losses against the total of Contributed Equity of $727.3mil. I would expect them to re-instate the cost value of their PP&E to the amount of the impairment in 2016 of ~$200mil as at 30Jun24 so that accumulated losses then would be less than Contributed Equity.
I would expect the only borrowings at 31Dec24 will be the leasing debt to CAT of maybe ~$50mil and expect profits for six months to 31Dec24 to be in the vicinity of $65-70mil. There will be no impediment to them paying a dividend out of these half year profits in Feb/Mar next year.