Rolfes Holdings Limited reported unaudited consolidated earnings results for the six months ended December 31, 2017. For the period, the company reported revenue of ZAR 734,015,000 against ZAR 796,397,000 a year ago. Operating profit before interest was ZAR 47,690,000 against ZAR 82,215,000 a year ago. Profit before taxation was ZAR 34,644,000 against ZAR 65,384,000 a year ago. Profit from continuing operations was ZAR 25,552,000 or 17.18 cents per basic & diluted share against ZAR 48,154,000 or 29.81 cents per basic & diluted share a year ago. Profit for the year attributable to owners of the parent was ZAR 23,720,000 or 14.71 cents per basic & diluted share against ZAR 48,233,000 or 29.90 cents per basic & diluted share a year ago. Headline earnings were ZAR 23,617,000 or 14.64 cents per basic & diluted share against ZAR 48,233,000 or 29.90 cents per basic & diluted share a year ago. Headline earnings from continuing operations were ZAR 27,611,000 or 17.12 cents per basic & diluted share against ZAR 48,082,000 or 29.81 cents per basic & diluted share a year ago. Cash generated from operations was ZAR 13,668,000 against ZAR 13,108,000 a year ago. The Group results were negatively impacted by legacy issues, which are considered non-recurring, as well as a poor first quarter due to inefficient working capital allocation, shipping delays and management focus being on rectifying accounting errors. Earnings and Headline earnings were materially impacted by poor first quarter trading and the impact of resolving historical issues.