Hydratec Industries N.V. reported unaudited earnings results for the first half of 2016. For the period, the company reported net revenue of $79.864 million compared to $31.512 million a year ago. Operating profit was $3.032 million compared to $0.223 million a year ago. Net profit attributable to shareholders was of $2.298 million or $1.88 per share compared to $0.490 million or $0.40 per share a year ago.

The company expects revenue and operating profit during the second half of 2016 will be similar to during the first half of the year.