Australian Leaders Fund Limited reported earnings results for the half year ended December 31, 2017. For the half year, the company reported investment income from ordinary activities of $3,262,164 against $22,445,836 a year ago. Loss before income tax was $12,008,298 against profit before income tax of $4,695,781 a year ago. Loss for the period was $8,190,071 against profit for the period of $4,221,851 a year ago. Basic and diluted loss per share was 3.01 cents against basic and diluted earnings per share of 1.56 cents a year ago. Net cash outflow from operating activities was $17,026,901 against $37,830,517 a year ago.