Velocys plc announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported revenue was £234,000 against £509,000 a year ago. Operating loss was £10,066,000 against £9,440,000 a year ago. Loss before finance income was £10,325,000 against £9,647,000 a year ago. Loss before income tax was £10,604,000 against £7,721,000 a year ago. Loss for the period attributable to the owners of company was £10,058,000 against £7,325,000 a year ago. Basic and diluted loss per share was £6.99 against £5.13 a year ago. Net cash used in operating activities was £7,510,000 against £12,554,000 a year ago. Purchase of property, plant and equipment was £12,000 against £159,000 a year ago. Purchase of intangible assets was £197,000 against £205,000 a year ago.