Lanka Graphite Limited announced audited consolidated and parent earnings results for the year ended June 30, 2017. For the year, on consolidated basis, the company reported interest income of AUD 68 as compared to AUD 507 for the same period last year. Loss from continuing operations before income tax was AUD 1,713,392 as compared to AUD 2,661,216 for the same period last year. Loss after tax and other comprehensive income was AUD 1,713,392 as compared to AUD 2,611,770 for the same period last year. Loss from continuing operations attributable to members of the company was AUD 1,704,491 as compared to AUD 2,661,216 for the same period last year. Basic and diluted loss per share was 2.34 cents as compared to 3.89 cents for the same period last year. Cash used in operating activities was AUD 1,309,414 as compared to AUD 2,334,080 for the same period last year. Purchase of property, plant & equipment was AUD 3,665 as compared to AUD 60,010 for the same period last year. Exploration and evaluation expenditure was AUD 177,234 as compared to AUD 1,349,818 for the same period last year. For the year, on parent basis, the company reported loss after income tax of AUD 1,659,742 as compared to AUD 2,330,794 for the same period last year. Total comprehensive loss was AUD 1,659,742 as compared to AUD 2,330,794 for the same period last year.