Polo Resources Limited announced unaudited consolidated earnings results for the half year ended December 31, 2013. For the period, the company reported operating loss of $1,121,000 against $6,477,000 a year ago. Loss on ordinary activities before taxation was $2,530,000 against $8,766,000 a year ago.

Loss attributable to equity holders of the parent was $2,523,000 against $8,766,000 a year ago. Diluted loss per share was 0.99 cents against 2.17 cents a year ago. Net cash outflow from operating activities was $10,292,000 against $4,163,000 a year ago.

Payments to acquire tangible assets were $2,702,000.