Polo Resources Limited announced group earnings results for the year ended June 30, 2016. For the year, Group operating loss was $32,679,000 against $59,575,000 a year ago. Loss before taxation was $31,157,000 against $61,181,000 a year ago. Retained loss for the year was $31,157,000 against $61,181,000 a year ago. Retained loss for the year attributable to equity holders of the parent was $29,723,000 against $60,824,000 a year ago. Diluted loss per share was 10.49 cents against 20.50 cents a year ago. Net cash outflow from operating activities was $12,753,000 against $9,429,000 a year ago.