GL Limited reported unaudited group earnings results for the second quarter and first half year ended December 31, 2016. For the quarter, the company reported revenue of $86.7 million compared to $114.7 million a year ago. Operating profit was $20.0 million compared to $27.7 million a year ago. Profit before tax was $17.3 million compared to $25.4 million a year ago. Profit for the period was $13.5 million compared to $19.9 million a year ago. Profit attributable to owners of the company was $13.6 million compared to $19.9 million a year ago. Basic and diluted earnings per share were 1.1 cents compared to 1.6 cents a year ago. Cash flows from operating activities were $2.0 million compared to $25.0 million a year ago. Acquisition of hotel, property and equipment were $2.6 million compared to $6.7 million a year ago. As on December 31, 2016 net assets per share was $75.9. For the year to date, the company reported revenue of $184.5 million compared to $229.8 million a year ago. Operating profit was $38.2 million compared to $68.4 million a year ago. Profit before tax was $33.3 million compared to $63.2 million a year ago. Profit for the period was $24.5 million compared to $51.2 million a year ago. Profit attributable to owners of the company was $24.6 million compared to $51.3 million a year ago. Basic and diluted earnings per share were 1.9 cents compared to 4.0 cents a year ago. Cash flows from operating activities were $29.3 million compared to $75.1 million a year ago. Acquisition of hotel, property and equipment were $4.8 million compared to $12.7 million a year ago. Revenue decreased by 20% mainly due to lower revenue generated from hotel, gaming and property development segments.