EMAS Offshore Limited reported unaudited consolidated earnings results for the second quarter and six months ended February 28, 2017. For the quarter, the company reported revenue of USD 37,979,000 compared to USD 30,510,000 a year ago. Loss from operations was USD 13,434,000 compared to USD 141,286,000 a year ago. Loss before tax was USD 15,609,000 compared to USD 140,553,000 a year ago. Loss after tax was USD 15,976,000 compared to USD 140,463,000 a year ago. Total comprehensive loss for the financial period attributable to equity holders of the company was USD 15,577,000 compared to USD 142,012,000 a year ago. Loss per share was 0.04 cents compared to 0.32 cents a year ago. Net cash flow generated from operating activities were USD 4,927,000 compared to USD 24,796,000 a year ago. Purchase of property, plant and equipment was nil compared to USD 76,961,000 a year ago. For the six months, the company reported revenue of USD 80,516,000 compared to USD 80,261,000 a year ago. Loss from operations was USD 13,085,000 compared to USD 145,188,000 a year ago. Loss before tax was USD 17,259,000 compared to USD 143,232,000 a year ago. Loss after tax was USD 18,190,000 compared to USD 143,691,000 a year ago. Total comprehensive loss for the financial period attributable to equity holders of the company was USD 18,689,000 compared to USD 145,486,000 a year ago. Loss per share was 0.04 cents compared to 0.33 cents a year ago. Net cash flow generated from operating activities were USD 7,933,000 compared to USD 34,350,000 a year ago. Purchase of property, plant and equipment was USD 2,753,000 compared to USD 76,964,000 a year ago. EBITDA was USD 18,256,000 against LBITDA of USD 107,991,000 a year ago. Net interest bearing debt as at the end of the period was USD 532,858,000.