Neptune's business stabilised, set for growth


Neptune Marine Services Limited (ASX: NMS, Neptune or the Company) has reported a net loss after tax of $143.3 million for the year ended 30 June 2011.  The result includes $123.6 million in previously flagged one-off costs, including asset and goodwill write downs, capital raising expenses, and upfront costs associated with overhead savings, which all formed part of the comprehensive restructure initiatives announced by the Company earlier this year.

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