Australian Agricultural Projects Ltd. reported consolidated earnings results for the half year ended December 31, 2016. For the half year, the company's revenue was AUD 1,303,687 compared to AUD 1,212,700 for the same period a year ago. Profit before income tax was AUD 221,120 compared to AUD 52,165 for the same period a year ago. Net profit was AUD 221,120 compared to AUD 52,165 for the same period a year ago. Diluted and basic earnings per share attributable to members were 0.15 cents compared to 0.03 cents a year ago. Net cash provided by operating activities was AUD 747,070 compared to AUD 804,829 for the same period a year ago. Net tangible asset backing per ordinary security was 3.72 cents compared to 3.36 cents a year ago.