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Magontec Posts 63% Gross Profit Surge and Returns to Profitability in 1H26
12:34pm on Friday 28th of August, 2026 AEST
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Manufacturing
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Magontec Posts 63% Gross Profit Surge and Returns to Profitability in 1H26
12:34pm on Friday 28th of August, 2026 AEST
Key Points
1H26 gross profit rises 63% to $8.5 million
Reported net profit after tax of $1.1 million
Underlying operating cash flow improves to $2.7 million
Net debt reduced to $0.8 million, net debt ratio at 1.8%
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Magontec (ASX:MGL)
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