Lafe Corporation Limited reported unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of USD 2,980,000 compared to USD 2,930,000 a year ago. Profit before taxation was USD 641,000 compared to USD 1,961,000 a year ago. Net profit was USD 630,000 or 2.49 cents per diluted share compared to USD 1,953,000 or 7.71 cents per diluted share a year ago. Net cash used in operating activities was USD 1,661,000 compared to USD 2,376,000 a year ago. Acquisition of property, plant and equipment was USD 4,000 compared to USD 2,000 a year ago.