Authorised Investment Fund Ltd. announced financial results for six months ended December 31, 2017. For the period, the company reported Net loss before income tax expense of $65,580 against $41,461 a year ago. Net loss attributed to owners of the Company was $65,580 against $41,461 a year ago. Loss per share basic and diluted were 0.8927 cents against 0.02863 cents a year ago. Net cash used in operating activities was $9,816 against $747 a year ago.