HiTech Group Australia Ltd. reported consolidated earnings results for the first half ended December 31, 2011. For the period, the company reported revenue was $4,484,675, an increase of 19% on the previous corresponding period. Contracting income increased by 20% and permanent placement income increased by 10%. Net profit after tax was $209,428 compared with $379,138 for the previous corresponding period. The lower NPAT was principally due to the difference in share market unrealised losses taken up on the company's investment in listed entities in the previous half year compared to the current half year and additional income tax (as a result of unrealised losses not being tax deductible). Net profit attributable to members of the parent entity was $209,428 or 0.68 cents basic and diluted earnings per share compared to net profit attributable to members of the parent entity of $379,138 or 1.22 cents basic and diluted earnings per share for the same period a year ago. Sales revenue was $4,484,675 compared to $3,779,459 for the same period a year ago. Net cash provided by operating activities was $681,519 and purchase of plant and equipment was $2,078 compared to net cash provided by operating activities of $89,589 and purchase of plant and equipment of $29,215 for the same period a year ago. For the second half of fiscal 2012, the company expects NPAT will be in the range of $0.4 million to $0.8 million.