Metroglass says first-half profits were reduced after it was forced to close for 32 days due to the Covid-19 lockdown. Metro Performance Glass, the country’s largest glass manufacturer, said the five-week lockdown due to Covid-19 weighed on its first-half profit. New Zealand pre-tax profit in April was $8.8m lower than April last year. READ MORE:* Metroglass' competition warning sends shares crashing to new low* Metro Performance Glass gets boost from building boom, breaks glass record“New Zealand’s underlying performance over a very challenging six-month period demonstrates the resilience of the business,” chief executive Simon Mander said. “This increase is in part due to the shutdown period, but also reflects our improved performance and acceptance rates,” Mander said.

Source: Stuff November 22, 2020 22:07 UTC