The group said it was making "good progress" in disposing of plant, equipment and stock from its glass factory in Ringsend in Dublin, which is also being closed.
Retained activities, which include selling products sourced from other manufacturers including the demerged Ardagh Glass, produced a pre-tax profit of 1.44m. This was against a loss of 12m, struck after exceptional charges of 8.8m. Turnover from the retained activities was down from 29.6m to 3.22m, partly as a result of the closure of its Dublin plant.
The group is proposing to change its name to South Wharf.Joan Gray.