Qld coal turnaround gives Austin a boost

IMPROVED demand for coal has helped embattled mining consumables maker Austin Engineering’s operations in Mackay, as well as its Australian Bore machining business, improve their earnings.

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Qld coal turnaround gives Austin a boost Qld coal turnaround gives Austin a boost Qld coal turnaround gives Austin a boost Qld coal turnaround gives Austin a boost Qld coal turnaround gives Austin a boost

Turnover at Austin Engineering's Mackay plant has increased with the turnaround in the coal industry.

The company reported a net profit after tax, before impairments and one-off charges, of $5.4 million. 
 
This represents a turnaround from the $1.