Biome Technologies reports a loss before interest, depreciation, amortisation, and share option charges of £0.1m for the six months to the end of June - down from £0.3m last time.
Group revenues rose to £2.2m (H1 2015: £2.1m) while margins improved to 50% (H1 2015: 39%).
Chief executive Paul Mines said: "The prospects for the suite of bio-materials for the coffee market developed by the Biome Bioplastics division is encouraging as products move into commercialisation albeit exact timing of large scale deployment rests on extensive final testing. The RF Division continues to deliver a strong underlying performance."
At 2:40pm: (LON:BIOM) Biome Technologies PLC share price was -7.5p at 120p