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You are here: Home Archive 2009 August 27 Neptune Marine bullish as profit triples

Neptune Marine bullish as profit triples

by Rob McKay last modified Aug 27, 2009 12:05 PM

Neptune Marine Services underlined the strength of the Australian offshore energy sector today, unveiling a near-tripling of its net profit for the year to June.

Neptune's profit came in at $21m, compared with $7.4m last year on revenues of $207m, up from the previous year's $97m.

With the majority of June's $53m capital raising to be spent on Singapore's Core IRM inspection, repair and...

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