31 Dec 16 - Half year report, page-13

Am I reading the half yearly report correctly when it says the half yearly profit (before tax) up to December 2016 was only $99,816? Surely this can't be right? Also, the half yearly report states that the discussions about the South Fremantle development is only for a potential of 24 townhouses to be built.........hardly a big project, and it's only discussions at this stage anyway. Not much good news to report at the moment. Times are tough but hopefully they can turn it around though