K2 Energy Limited reported preliminary consolidated earnings results for the year ended June 30, 2017. For the period the company reported loss before income tax expense was AUD 341,941,000 against AUD 835,505,000 a year ago. Loss for the year was AUD 341,941,000 or 0.14 cents basic per share against AUD 835,505,000 or 0.34 cents basic per share a year ago. Net cash flows used in operating activities was AUD 53,719,000 against AUD 54,468,000 a year ago.