Australian Agricultural Company reported earnings results for the six months ended September 30, 2016. The company reported a statutory net profit after tax of $47.9 million for the six months to September 30, 2016, a $1.9 million decrease on the previous corresponding period. The company reported operating EBITDA (earnings before interest, tax, depreciation and amortization) of $13.9 million, a $2.4 million increase on the previous corresponding period. Net operating cash outflows was $34.5 million included a $41.5 million investment in live cattle inventory that will be monetized in second half of fiscal year 2017 and first half of fiscal year 2018. Total sales revenue was $214.1 million against $260.7 million for the same period prior year.