Mirach Energy Limited announced unaudited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of $56,000 against $596,000 for the same period a year ago. Loss before income tax was $9,605,000 against $14,924,000 for the same period a year ago. Total loss was $9,605,000 against $14,959,000 for the same period a year ago. Loss for the period attributable to equity holders of the company was $9,520,000 against $14,247,000 for the same period a year ago. Cash flows used in operating activities was $2,296,000 against $4,781,000 for the same period a year ago. This was mainly contributed by the cessation of KM Oil Field operation which resulted in decreases of production expenses and staff costs. Purchase of property, plant and equipment was $80,000 against $113,000 for the same period a year ago. Basic and diluted loss per share was 7.87 cents against 11.97 for the same period a year ago.