RAK Petroleum plc announced consolidated and company earnings results for the year ended December 31, 2017. For the year, on consolidated basis, the company reported revenue of $347.4 million compared to $201.8 million a year ago. Profit from operating activities was $370.9 million compared to $15.3 million a year ago. Profit before income tax was $322.9 million compared to loss of $28.2 million a year ago. Net profit was $342.8 million compared to loss of $28.2 million a year ago. Net profit attributable to Equity holders of the parent was $54.8 million compared to loss of $7.3 million a year ago. Earnings per share basic and diluted was $0.176 compared to loss of $0.023 a year ago. Net cash generated from operating activities was $328.0 million compared to $51.4 million a year ago. Purchases of intangible assets was $1.3 million compared to $9.4 million a year ago. Purchases of tangible assets was $129.1 million compared to $27.1 million a year ago. On company basis, the company reported Net cash used in operating activities was $10.3 million compared to $10.2 million a year ago.