ANG 1.82% 54.0¢ austin engineering limited

News: ANG Austin Engineering Posts FY Statutory NPAT Of A$7.1 Million, page-3

  1. 131 Posts.
    My Understanding is they had some large warranty issues(provisions) and Schlam is dominating them in Australia. Good forecast going forward but i see this year they included $4 million in the UAS result with money from the government and also looks like a 2-3m gain on foreign exchange. All in all a terrible year when things are booming in the industry. Lets hope things improve but at the moment they have a bad habit of saying possive things but not delivering.
 
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