Lasseters International Holdings Limited announced unaudited group earnings results for the year ended June 30, 2017. For the year, the company's revenue was AUD 56.097 million compared with AUD 65.289 million a year ago. Profit from operations was AUD 3.522 million compared with AUD 4.159 million a year ago. Loss before income tax from continuing operations was AUD 1.024 million compared with AUD 0.290 million a year ago. Loss for the financial year from continuing operations was AUD 1.581 million compared with AUD 0.661 million a year ago. Loss for the financial year attributable to owners of the parent was AUD 1.598 million compared with AUD 0.481 million a year ago. The variance is a result of impairment in value of property, plant and equipment in this reporting period; a gain on disposal of a subsidiary and write back of payables on discontinued operations taken up last year. Basic and fully diluted loss per ordinary share was 0.33 cents compared with 0.10 cents a year ago. Net cash from operating activities was AUD 5.588 million compared with AUD 8.803 million a year ago. Purchase of property, plant and equipment was AUD 1.863 million compared with AUD 1.822 million a year ago. As on June 30, 2017, the company's net asset value per ordinary shares was 10.32 cents compared with 10.71 cents a year ago. Earnings before interest, tax, depreciation and amortization before exceptional items decreased slightly by AUD 0.77 million to AUD 10.37 million compared with AUD 11.13 million a year ago, mainly due to lower contributions from the group's property arm as the project approaches the tail end of the development cycle.