Ryobi Kiso Holdings Ltd. announced group earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported revenues of $33,758,000 compared with $54,138,000 for the same period a year ago. Profit before tax was $676,000 compared with loss of $8,860,000 for the same period a year ago. Profit for the period attributable to equity holders of the company was $435,000 or 0.15 cents per basic and fully diluted share compared with loss of $7,937,000 or 2.68 cents per basic and fully diluted share for the same period a year ago. Net cash provided by operating activities was $2,296,000 compared with $8,961,000 for the same period a year ago. Purchases of property, plant and equipment was $1,717,000. The decrease in Revenue was mainly due to lower value of work undertaken for the projects in the current period as mostly of the on-going projects are in the initial stage of work. For the six months, the company reported revenues of $62,032,000 compared with $99,479,000 for the same period a year ago. Profit before tax was $1,124,000 compared with loss of $8,610,000 for the same period a year ago. Profit for the period attributable to equity holders of the company was $607,000 or 0.20 cents per basic and fully diluted share compared with loss of $7,803,000 or 2.63 cents per basic and fully diluted share for the same period a year ago. Net cash provided by operating activities was $3,272,000 compared with $13,024,000 for the same period a year ago. Purchases of property, plant and equipment was $2,697,000 compared with $1,626,000 for the same period a year ago. The decrease in Revenue was mainly due to lower value of work undertaken in the current period as mostly of the on-going projects are in the initial stage of work.