29/08/2012 - 14:17

Austal back in black but below expectations

29/08/2012 - 14:17

Bookmark

Save articles for future reference.

Shipbuilder Austal has reported an $11 million net profit for the year ended June 30, after the company’s revenue reached a record $653 million. Austal today announced that revenue for FY2012 was up 29.7 per cent, but chief executive Andrew Bellamy said the profit result was below expectations.

To read our articles you will need to either login or subscribe.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options