Profit down, debt up as Metroglass funds more supply
Building consents skyrocket - but do supply costs for glass maker.
Metroglass continues to struggle with the cost of supplies from overseas.
A record number of building consents in the year is driving demand for products and supplies that are costing more and more to secure, listed glass maker Metroglass said this morning in explaining a significant drop in pre-tax earnings.
Revenues had gained 2% across New Zealand and Australia
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