Menhaden Capital PLC reported unaudited earnings results for the six months ended June 30, 2017. For the period, the company reported gains on investments at fair value through profit and loss were £2,074,000 compared to losses on investments at fair value through profit and loss £2,421,000 a year ago. Net return before taxation was £1,843,000 compared to net loss before taxation of £2,766,000 a year ago. Net return after taxation was £1,809,000 compared to net loss after taxation of £2,790,000 a year ago. Return per share was 2.2 pence against loss per share 3.5 pence a year ago. Net cash outflow from operating activities was £451,000 compared to £386,000 a year ago. Purchases of investments were £15,429,000 compared to £8,605,000 a year ago.