Deep Sea venue out of the storm

From: The Scotsman | Date: July 5, 2002| Author: | Copyright information

DEEP Sea Leisure, the Fife aquarium operator, gave further testament that it was successfully pulling away from the brink of ruin yesterday, as it posted a set of healthy annual figures.

The company, which was teetering on the brink of financial collapse two years ago, turned in a pre-tax profit of GBP 1.26 million. This compares with a pre-tax loss of GBP 719,000 after exceptional items in the previous 12 months.

The AIM-listed company's positive results follow last month's announcement that Spanish raider Net-Ein had taken a majority stake in the business, following the decision by Deep ...

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