Laconia Resources Limited reported audited consolidated and company earnings results for the year ended June 30, 2017. For the period, on consolidated basis, the company’s revenue was AUD 74,332 against AUD 88,130 a year ago. Total comprehensive loss for the year attributable to owners of company was AUD 457,980 against AUD 995,434 a year ago. Basic and diluted loss per share for loss attributable to the ordinary equity holders of the company was 0.390 cents against 11.88 cents a year ago. Net cash outflow from operating activities was AUD 438,268 against AUD 332,728 a year ago. Payments for plant and equipment were AUD 4,310. Loss before income tax was AUD 457,980 against AUD 995,434 a year ago. For the period, the company’s loss was AUD 470,571 against AUD 982,749 a year ago.