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Bisalloy Steel Advances US Submarine Contract Despite Profit Decline
8:22am on Friday 28th of August, 2026 AEST
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Bisalloy Steel Advances US Submarine Contract Despite Profit Decline
8:22am on Friday 28th of August, 2026 AEST
Key Points
FY26 net profit down 16% to $16.8 million
Revenue declined 10.6% to $136.6 million
Armour and Protection steel volumes grew 229%
First order secured for US Virginia-class submarines
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Bisalloy Steel (ASX:BIS)
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