Worldsec Limited announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported revenue of $48,000 compared to $48,000 a year ago. Loss before income tax expense was $188,000 compared to $402,000 a year ago. Loss for the period was $188,000 compared to $402,000 a year ago. Loss for the period attributable to owners of the company was $188,000 compared to $402,000 a year ago. Loss per share - basic and diluted was 0.33 cents compared to 0.71 cents a year ago. The decrease in the loss was principally attributable to (i) reduced staff costs in the absence of non-recurrent share-based payment expenses associated with the grant of options to the directors and staff which were largely accounted for in the first half of last year; and (ii) lower administrative expenses following the completion of the voluntary liquidation of two subsidiaries in the second half of last year. Net cash used in operating activities was $262,000 compared to $822,000 a year ago.