Magontec Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported net income was AUD 2.4 million compared to AUD 13.8 million a year ago. Basic earnings per share from continuing operations was AUD 0.031 compared to AUD 0.18 a year ago.

Diluted earnings per share from continuing operations was AUD 0.028 compared to AUD 0.166 a year ago.