Ephraim Resources Limited announced consolidated earnings results for the half year ended 31 December 2015. For the period, the company reported revenue of AUD 107,391 against AUD 23,266 a year ago. Loss before tax was AUD 194,138 against AUD 370,636 a year ago.

Loss for the half year was AUD 194,138 against AUD 370,636 a year ago. Loss for the half year is attributable to owners of the parent was AUD 193,368 against AUD 368,998 a year ago. Basic and diluted loss per share attributable to the equity holders of the parent was 0.013 cents per share against 0.024 cents per share a year ago.

Net cash used in operating activities was AUD 271,407 against AUD 459,100 a year ago. Payments for property, plant and equipment was AUD 1,273 against AUD 40,641 a year ago. Net tangible assets per ordinary security were 0.14 cents as on 31 December 2015 against 0.17 cents as on 31 December 2014.