Mercantile Investment Company Ltd. reported consolidated earnings results for the six months ended December 31, 2016. For the period, the company reported total income from operating activities of AUD 7,032,944 against AUD 3,677,952 a year ago. Loss before income tax was AUD 4,665,293 against profit of AUD 1,288,595 a year ago. Loss attributable to members of the parent entity was AUD 3,034,709 against profit of AUD 582,515 a year ago. Basic and diluted loss per share was 1.08 cents against earnings of 0.22 cents a year ago. Net cash used in operating activities was AUD 1,031,412 against AUD 3,663,412 a year ago.