** Australian mining equipments company Austin Engineering ANG.AX falls as much as 12.2% to A$0.325
** Hits lowest level since January 15, 2024
** Co lowers its FY25 forecast for earnings before interest and taxes to ~A$41 mln ($26.7 mln) from A$50 mln
** Analysts' average estimate is A$42.2 mln, according to data compiled by LSEG
** Co to redirect a significant proportion of production for a multi-year contract for truck body supply to its Batam manufacturing facility, leading to revised underlying FY25 EBIT forecast
** Co ups FY25 revenue forecast to A$370 mln from A$350 mln
** Around 6.3 mln shares change hands, more than four times its 30-day average volume of ~1.5 mln
** Stock among the 10 worst performers on Wednesday on ASX's All Ordinaries Index .AORD
** ANG last down 8.8%, taking YTD losses to ~33.8% this year
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.SinghChundawat@thomsonreuters.com))
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