Metro Performance Glass LtdNZX: MPG

MPG: Returned to profitability with $2.9m net profit and strengthened balance sheet after equity raise

· Issued by Metro Performance Glass Ltd

Net profit reached $2.9m for the half year, reversing a prior loss, as a $23.9m equity raise and debt reduction strengthened the balance sheet. Revenue declined amid subdued markets, but EBIT improved due to significant items and restructuring.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Earlier from Metro Performance Glass

All Metro Performance Glass news releases