Tower Limited announced consolidated unaudited earnings results for the half year ended March 31, 2018. For the period, the company reported net premium revenue of NZD 134,139,000 as compared to NZD 126,777,000 a year ago. Net operating revenue was NZD 138,496,000 as compared to NZD 131,771,000 a year ago. Loss attributed to shareholders before tax was NZD 15,038,000 as compared to NZD 10,678,000 a year ago. Loss attributed to shareholders was NZD 11,535,000 as compared to NZD 8,447,000 a year ago. Basic and diluted loss per share was 4.14 cents as compared to 4.11 cents a year ago. Net cash inflow from operating activities was NZD 118,000 as compared to net cash outflow from operating activities of NZD 23,344,000 a year ago. Purchase of property, plant and equipment and intangible assets was NZD 2,954,000 as compared to NZD 5,107,000 a year ago. Underwriting profit was NZD 7.5 million as compared to NZD 5.3 million a year ago. Underlying profit before tax was NZD 10.4 million as compared to NZD 7.3 million a year ago. Underlying profit after tax was NZD 7.6 million as compared to NZD 4.7 million a year ago.