Neptune on the road to recovery

NEPTUNE Marine Services has, as expected, reported a $143.3 million net loss after tax for the 2011 financial year but is confident it has set the platform to return to profitability in FY2012.

Neptune on the road to recovery 
Neptune on the road to recovery 
Neptune on the road to recovery 
Neptune on the road to recovery 
Neptune on the road to recovery

The net loss results include $123.6 million in previously flagged one-off charges including asset and goodwill write downs, capital raising expenses and upfront costs associated with overhead savings.

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