“Our fuel cartage business has increased recently. We continue to grow our customer base with cartage including Lubes, BioDiesel and Caltex Commercial Customers, mining sites, and Power Stations. We also assist DTM Business in linehaul bunkering of diesel to the large ships and other smaller bunkering jobs for the Port of Melbourne tug boats. K&S Fuels division delivers approximately 4 million litres per month to external customers in addition to our local requirements back into the South East of South Australia.
We recently delivered fuel for Caltex to help them with fuel supplies into Metro Service Stations whilst some Cootes Tankers were taken off the road.”
KSC Price at posting:
$1.86 Sentiment: Hold Disclosure: Held
