Lafe Corporation Limited announced unaudited group earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenue of $2,948,000 against $2,820,000 a year ago. Loss before taxation was $282,000 against $934,000 a year ago. Net loss for the period was $287,000 against $940,000 a year ago. Net cash used in operating activities was $1,323,000 against net generated from operating activities of $8,805,000 a year ago. Acquisition of property plant and equipment was $308,000 against $12,000 a year ago. For the period, the company reported revenue of $5,928,000 against $5,750,000 a year ago. Profit before taxation was $359,000 against $1,027,000 a year ago. Net income for the period was $343,000 or 1.35 cents basic and diluted per share against $1,013,000 or 4.00 cents basic and diluted per share a year ago. Net cash used in operating activities was $2,984,000 against net generated from operating activities of $6,429,000 a year ago. Acquisition of property plant and equipment was $312,000 against $14,000 a year ago. The group reported net asset value per share as on June 30, 2017 was 217.3 cents.