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Matrix Composites Posts $9.4m Half-Year Loss Amid Revenue Slump, Eyes Strong Recovery
8:20am on Friday 27th of February, 2026 AEDT
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Manufacturing
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Matrix Composites Posts $9.4m Half-Year Loss Amid Revenue Slump, Eyes Strong Recovery
8:20am on Friday 27th of February, 2026 AEDT
Key Points
Half-year revenue declined 32% to $26.9 million
Net loss after tax of $9.4 million versus prior period profit
Strong order book and major South American project underpin second-half optimism
Convertible note fully redeemed using new NAB loan facility
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MATRIX COMPOSITES & ENGINEERING (ASX:MCE)
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