IQE Public Limited Company reported unaudited consolidated earnings results for the six months ended June 30, 2013. For the period, the company reported revenue of £63.001 million against £34.276 million a year ago. Operating profit was £3.432 million against £0.191 million a year ago.

Adjusted profit before tax was £5.069 million or 0.79 pence per diluted share against £0.507 million or 0.12 pence per diluted share a year ago. Profit before tax was £2.469 million against loss before tax of £0.091 million a year ago. Profit attributable to equity shareholders was £2.419 million or 0.38 pence per diluted share against £0.102 million or 0.02 pence per basic and diluted share a year ago.

Net cash inflow from operating activities was £5.100 million against £3.805 million a year ago. Purchase of property, plant and equipment was £2.448 million against £8.299 million a year ago. Net debt at June 30, 2013 was £37.7 million.