China Magnesium Corporation Limited reported consolidated earnings results for the year ended June 30, 2018. For the year, the company reported revenue of AUD 26,092 against AUD 1,839,341 a year ago. Loss before income tax was AUD 3,100,137 against AUD 986,526 a year ago. Loss for the year is attributable to owners of the parent was AUD 2,735,658 or 1.0 cents per basic and diluted share against AUD 848,201 or 0.3 cents per basic and diluted share a year ago. Net cash outflows from operating activities were AUD 1,057,062 against AUD 875,492 a year ago. Net tangible assets per security were 2.8 cents compared to 3.8 cents a year ago.