Worldsec Limited reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, the company’s revenue was USD 48,000 against USD 48,000 a year ago. Loss before income tax expense was USD 558,000 against USD 188,000 a year ago. Loss for the period was USD 558,000 against USD 188,000 a year ago. Loss per share - basic and diluted was 0.79 cents against 0.33 cents a year ago. Net cash used in operating activities was USD 311,000 against USD 262,000 a year ago. The increase in the loss was principally due to the change in the fair value of financial assets that was recognized through the profit and loss account in accordance with the newly adopted International Financial Reporting Standard 9.