ASC’s profits decline, company pursues ‘new lines of revenues’
Australian naval shipbuilding group ASC posted declines in sales and profit in fiscal year 2018–19 but is actively pursuing new revenue streams, the company said in its annual report.
ASC said total revenue in 2018 and 2019 was AUD743 million (USD509.2 million), a year-on-year decline of 3%. …read more
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