Neptune Marine Services Limited Announces Unaudited Consolidated Earnings Results for the Year Ended March 31, 2017
Neptune Marine Services Limited announced unaudited consolidated earnings results for the year ended March 31, 2017. For the year, the company reported revenue of AUD 81,891,000 compared to AUD 118,481,000 a year ago. Total revenue was AUD 81,971,000 compared to AUD 118,604,000 a year ago. Loss before income tax was AUD 7,921,000 compared to AUD 8,433,000 a year ago. Net loss for the period was AUD 8,230,000 or AUD 0.134 per basic and diluted share compared to AUD 7,092,000 or AUD 0.115 per basic and diluted share a year ago. Net cash flows derived from operating activities were AUD 4,940,000 compared to AUD 3,788,000 a year ago. Purchase of property, plant and equipment was AUD 903,000 compared to AUD 4,985,000 a year ago.