Mortice Limited reported unaudited consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported service revenue of USD 106,315,772 against USD 91,184,497 a year ago. Profit before taxation was USD 2,213,862 against USD 3,074,047 a year ago. Profit for the period was USD 1,315,662 against USD 1,913,292 a year ago. Profit for the period attributable to owners of the parent was USD 1,025,376 against USD 1,478,826 a year ago. Basic and diluted earnings per share were USD 0.02 against USD 0.03 a year ago. Net cash generated from operating activities was USD 1,981,284 against USD 2,245,657 a year ago. Acquisition of plant, property and equipment was USD 633,055 against USD 904,083 a year ago. Adjusted EBITDA marginally down 4% to USD 4.8 million against USD 5.0 million a year ago, primarily reflecting cost pressures on a specific contract that have now been resolved. Adjusted profit before taxation down 15.4% to USD 2.2 million against USD 2.6 million a year ago. Net debt of USD 17.6 million. Adjusted EBITDA and profit before tax excludes USD 0.5 million of gains from financial liabilities measured at fair value.