Matrix Composites & Engineering Ltd reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was AUD 26.7 million compared to AUD 11.85 million a year ago. Net loss was AUD 3.85 million compared to net income of AUD 10.01 million a year ago.

Basic loss per share from continuing operations was AUD 0.0176 compared to basic earnings per share from continuing operations of AUD 0.0685 a year ago. Diluted loss per share from continuing operations was AUD 0.0176 compared to diluted earnings per share from continuing operations of AUD 0.0528 a year ago.