Metro Performance Glass has reported a 5% decrease in group revenue for the six months ended September 30, 2025, with revenue of $108 million, down from $114m in the same period last year.
However, the company achieved a significant increase in profit before significant items, reaching $964,000 compared to $349,000 in the prior period.
Profit before interest and tax also improved, rising from a loss of $1.08m to $9.54m.
Metroglass attributed the decline in revenue to softness in the markets it operates in, which it expects to continue.
The company said it remains focused on its New Zealand turnaround and increasing efficiency and productivity in both New Zealand and Australia.
It also highlighted the importance of getting quality products to customers in a timely manner.
Metroglass said it has successfully reduced its net debt from $60.5m to $27.4m, following a capital raise in September.
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