Tempo Australia Limited reported unaudited consolidated earnings results for the first half ended June 30, 2017. For the period, the company reported revenue was AUD 4,719,055 against AUD 55,157,790 a year ago. Total revenue was AUD 6,065,582 against AUD 55,218,049 a year ago. Loss before income tax was AUD 422,853 against profit before income tax of AUD 4,139,017 a year ago. Profit attributable to the members of the parent entity was AUD 255 against AUD 3,735,861 a year ago. Basic and diluted earnings per share were 0.00001 cents against 1.886 cents a year ago. Net cash used in operating activities was AUD 2,434,499 against AUD 3,653,836 a year ago. Payments for plant and equipment were AUD 230,603 against AUD 118,246 a year ago.

For the second half of 2017, the company expects an increase in revenues due the anticipated ramp-up of project-based work in the resources sector, an increase in electrical and telecommunication project works carried out by the company's Cablelogic division across the resources and commercial sectors and the contribution to earnings from the recent acquisition of KP Electric.