IRF European Finance Investments Ltd. announced earnings results for the first quarter ended March 31, 2012 and for the six months ended June 30, 2012. For the first quarter, the company reported operating income of EUR 108,000 against EUR 880,000 a year ago. Loss before income tax was EUR 2,675,000 against EUR 5,208,000 a year ago. Loss after tax was EUR 2,675,000 against of EUR 5,208,000 a year ago. Basic and Diluted loss per share was EUR 0.02 against of EUR 0.04 a year ago.

For the six months, the company reported operating income of EUR 1,057,000 against EUR 2,486,000 a year ago. Loss before income tax was EUR 5,845,000 against EUR 19,349,000 a year ago. Loss after tax was EUR 5,845,000 against of EUR 19,348,000 a year ago. Basic and Diluted loss per share was EUR 0.04 against of EUR 0.14 a year ago.