RungePincockMinarco Limited reported unaudited consolidated earnings results for the six months ended December 31, 2016. For the six months, the company's net operating revenue was AUD 33.4 million compared to AUD 27.6 million a year ago. Profit before finance costs and income tax was AUD 0.6 million compared to loss before finance costs and income tax of AUD 1.2 million a year ago. Operating EBITDA was AUD 3.1 million. Profit before income tax was AUD 0.7 million compared to loss before income tax of AUD 1.0 million a year ago. Net profit was AUD 0.5 million compared to net loss of AUD 1.1 million a year ago. Earnings per share, basic and diluted, were 0.02 cents per share against loss per share of 0.60 cents per share a year ago. Net cash outflow from operating activities was AUD 6.4 million compared to AUD 3.3 million a year ago. Payments for property, plant and equipment was AUD 0.2 million compared to AUD 0.3 million a year ago.

For the year, the company expects a positive EBITDA of AUD 3.1 million compared to AUD 0 million a year ago. The company expects to report a profit before tax of AUD 0.6 million compared to loss of AUD 1.0 million a year ago.