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Magontec’s $5.25m Gross Profit Signals Turnaround Amid Supply Chain Shakeup
4:35am on Saturday 30th of August, 2025 AEST
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Magontec’s $5.25m Gross Profit Signals Turnaround Amid Supply Chain Shakeup
4:35am on Saturday 30th of August, 2025 AEST
Key Points
Interim gross profit rises to $5.25 million with 17.8% margin
Net assets per share double to 84 cents after share buyback and cancellation
Underlying net loss narrows to $2.25 million but balance sheet strengthens
European magnesium alloy recycling faces volume challenges
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Magontec (ASX:MGL)
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