---
title: "ASB: Revenue up 11%, but US contract provisions drove a net loss; Australasia EBIT hit record high"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297436711.md"
description: "Revenue rose 11% to $2.03 billion, but a non-cash provision on US contracts led to a $125.2 million EBIT loss and a $53.6 million net loss. Australasia delivered record EBIT and revenue, while a $5 billion+ order book and Hanwha's proposal to acquire the US business signal future growth.Original document: Austal Limited [ASB] Earnings Release — Aug. 30 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-30T22:06:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297436711.md)
  - [en](https://longbridge.com/en/news/297436711.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297436711.md)
generator: "portal-rs"
---

# ASB: Revenue up 11%, but US contract provisions drove a net loss; Australasia EBIT hit record high

Revenue rose 11% to $2.03 billion, but a non-cash provision on US contracts led to a $125.2 million EBIT loss and a $53.6 million net loss. Australasia delivered record EBIT and revenue, while a $5 billion+ order book and Hanwha's proposal to acquire the US business signal future growth.

Original document: Austal Limited \[ASB\] Earnings Release — Aug. 30 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**