Pre-tax losses at Liverpool-headquartered Real Good Food "significantly reduced" after its £43m deal to sell Brighter Foods to THG.
The listed company has reported losses of £1.2m for the six months to the end of September 2021, compared to losses of £4.7m for the same period in 2020.
The business announced it had agreed to sell North Wales-based Brighter Foods to THG for £43m in May.
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Real Good Food has also confirmed that its revenue from continuing operations increased from £15.4m to £19.9m over the same time.
In a statement issued to the London Stock Exchange, the company said its revenue has "bounced back" to pre-Covid levels and is projected to exceed its prior year.
Executive chairman Mike Holt said: "We have made a good start to the year and the group is in good shape for the seasonally busier second half of the year.
"Our turnaround activities are gaining traction, enabling Renshaw to regain its reputation as a product innovator and first choice provider of quality products, both branded and private label.
"Overall, prospects for the remainder of the year are good and we are confident of being able to report on further progress being made.
"In addition, the board has committed to spend £900,000 this year on capex to accelerate the progress being achieved."
