Basil Read Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported contract revenue of ZAR 2,276,745,000 compared to ZAR 2,501,918,000 a year ago. Operating loss was ZAR 458,780,000 compared to operating profit of ZAR 73,452,000 a year ago. Loss before taxation was ZAR 452,812,000 against profit before taxation of ZAR 49,640,000 a year ago. Loss for the period from continuing operations was ZAR 474,058,000 against profit for the period from continuing operations of ZAR 67,762,000 a year ago. Net loss for the year was ZAR 474,058,000 against net profit for the year of ZAR 34,410,000 a year ago. Loss attributable to owners of the company was ZAR 475,254,000 against profit attributable to owners of the company of ZAR 39,171,000 a year ago. Basic and diluted loss per share from continuing operations was 360.90 cents against basic and diluted earnings per share from continuing operations of 55.08 cents a year ago. Net cash used in operating activities was ZAR 104,018,000 compared to ZAR 148,604,000 a year ago. Acquisitions of property, plant and equipment was ZAR 171,709,000 compared to ZAR 106,911,000 a year ago. Headline loss was ZAR 388,680,000 compared to headline earnings of ZAR 64,417,000 a year ago. Headline loss from continuing operations was ZAR 388,680,000 compared to headline earnings from continuing operations of ZAR 70,307,000 a year ago.