Polo Resources Limited announced unaudited consolidated earnings results for the six months ended December 31, 2014. For the period, the company's operating loss was $0.93 million compared with $1.1 million a year ago. Loss on ordinary activities before taxation was $2.1 million compared with $2.5 million a year ago.

Loss attributable to equity holders of the parent was $2.1 million or 0.72 cents per diluted share compared with $2.5 million or 0.99 cents per diluted share a year ago. Net cash outflow from operating activities was $5.8 million compared with $10.3 million a year ago. Payments to acquire intangible assets were $1.0 million compared with $2.7 million a year ago.

As on December 31, 2014, the company's net asset value per share was 27.2 pence.