MXI 3.10% 66.5¢ maxitrans industries limited

excellent profit forecast

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    Sorry about the production problems!!

    MAXITRANS INDUSTRIES LIMITED 2002-11-27 ASX-SIGNAL-G

    HOMEX - Melbourne

    +++++++++++++++++++++++++
    The directors of MaxiTRANS Industries Limited, Australia's largest
    supplier of road transport trailing equipment and solutions, wish to
    advise that the net profit after tax for the six months ending
    December 2002 is expected to exceed the net profit after tax for the
    full year ended June 2002 of $2,587,000.

    The forecast improvement is due to strong order intake and build of
    vans and trailers for the first five months of the financial year
    along with continued improvement in operational performance.

    Order intake remains strong with a full order book well into the new
    calendar year.

    The new facility at Boundary Road, Derrimut, Melbourne's transport
    hub, is now fully operational. This facility accommodates equipment
    sales, wholesale and retail parts, service/repairs and corporate
    office.

    For more information please contact the Managing Director, Mr Michael
    Brockhoff, on 03 8368 1180.

    Alternately you may wish to visit our website at www.maxitrans.com.au


    I R Davis M A Brockhoff
    CHAIRMAN MANAGING DIRECTOR
 
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