Matrix Composites & Engineering Ltd reported earnings results for the half year ended December 31, 2022. For the half year, the company reported sales was AUD 11.85 million compared to AUD 13.69 million a year ago. Net income was AUD 10.01 million compared to net loss of AUD 3.89 million a year ago.

Basic earnings per share from continuing operations was AUD 0.0685 compared to basic loss per share from continuing operations of AUD 0.0372 a year ago. Diluted earnings per share from continuing operations was AUD 0.0528 compared to diluted loss per share from continuing operations of AUD 0.0372 a year ago.