Bisalloy Steel Group Ltd. reported consolidated earnings results for the six months ended December 31, 2011. For the period, the company's revenue was AUD 50.2 million compared with AUD 40.4 million a year ago. EBITDA was AUD 5.6 million compared with AUD 5.0 million a year ago. Profit after tax was AUD 2.9 million compared with AUD 2.0 million a year ago. Profit attributable to members was AUD 2.7 million or 1.2 cents per basic and diluted share compared with AUD 1.7 million or 0.8 cents per basic and diluted share a year ago. Net cash inflow from operating activities was AUD 4.33 million compared to net cash outflow from operating activities of AUD 1.25 million last year. Payments for property, plant and equipment was AUD 1.07 million compared to AUD 1.12 million last year. Profit before tax and finance costs was AUD 5.15 million compared to AUD 4.48 million last year. For the fiscal 2012, the board of the company has sound reasons for continued optimism for growth and believe the company is positioned to deliver EBITDA earnings growth of between 55% and 60% for the full year, which includes for the first time a net contribution from the CJV of between AUD 750,000 and AUD 1.2 million following commencement of sales in December 2011.