Monash Absolute Investment Company Limited announced earnings results for the six months ended December 31, 2017. For the period, the company reported net realized gains on investments of AUD 1,695,690, interest income of AUD 46,538, loss before income tax of AUD 6,912,069, net profit for the half-year of AUD 4,921,818, basic and diluted losses per share of 9.59 cents and net cash outflow from operating activities of AUD 3,845,617 against net realized losses on investments of AUD 237,393, interest income of AUD 88,077, loss before income tax of AUD 1,173,154, net loss for the half-year of AUD 711,124, basic and diluted losses per share of 1.36 cents and net cash outflow from operating activities of AUD 13,479,811 a year ago. Net tangible asset backing (per share) after tax was AUD 1.0157 against AUD 0.9588 a year ago.