Industrea Limited has announced new contract wins totaling $3.9 million for underground mining vehicles and power generation units supplied to China and Australia. Shenhua Energy Co has extended its relationship with Industrea by ordering four PJB Nipper flame and explosion-proof vehicles for a total of $1.2 million. In the domestic market, Industrea has signed a $1 million contract with BHP Billiton Mitsubishi Alliance (BMA) for the manufacturing and commissioning of a PJB high-performance, underground power generation at the Gregory Crinum mine near Emerald, central Queensland.

Industrea Limited reported earnings results for the half year ended December 31, 2009. For the period, the company reported an adjusted net profit after tax of AUD 17.7 million.

Industrea Limited reported unaudited consolidated earnings results for the half year ended December 31, 2009. For the period, the company reported revenue of AUD 141,485,000, EBITDA of AUD 44,256,000, adjusted profit before income tax of AUD 23,137,000, profit before income tax of AUD 16,770,000, profit for the period of AUD 33,422,000, total comprehensive income for the period attributable to members of AUD 31,133,000 and diluted earnings per share of 3.25 cents against revenue of AUD 146,078,000, EBITDA of AUD 52,805,000, adjusted profit before income tax of AUD 35,208,000, profit before income tax of AUD 3,654,000, loss for the period of AUD 2,558,000, total comprehensive income for the period attributable to members of AUD 5,955,000 and diluted earnings per share of 0.04 cents for the same period last year. Net cash inflow from operating activities was AUD 17,382,000 against AUD 44,753,000 last year. Payments for property, plant and equipment were AUD 45,270,000 against AUD 6,413,000 last year. The company has provided updated guidance for the 2010 financial year on revenue in a range of $300 million-$330 million and adjusted net profit after tax for the full year in a range of $48 million-$54 million.