Midway Limited reported consolidated earnings results for the six months ended 31 December 2017. For the period, the company reported revenue of AUD 85.154 million against AUD 87.978 million a year ago. Profit before income tax expense was AUD 3.392 million against AUD 8.451 million a year ago. Profit for the period was AUD 2.680 million against AUD 6.536 million a year ago. Profit is attributable to owners of company was AUD 2.764 million against AUD 6.525 million a year ago. Basic and diluted earnings per share were AUD 0.04 against AUD 0.09 a year ago. Net cash provided by operating activities was negative AUD 11.183 million against negative AUD 2.505 million a year ago. Payment for property, plant and equipment was AUD 4.684 million against AUD 0.364 million a year ago. Payment for non-current biological assets was AUD 6.853 million.

The company remains on track to achieve a full year of fiscal 2018 profit result in line with the current market consensus.