Bangas Limited reported unaudited earnings results for the second quarter and half year ended December 31, 2016. For the quarter, the company reported turnover of BDT 26,049,913 compared to BDT 27,335,007 for the same period a year ago. Operating loss was BDT 881,187 compared to profit of BDT 1,644,196 last year. Net loss before WPPF was BDT 881,187 compared to profit of BDT 1,644,196 last year. Net loss before tax was BDT 881,187 compared to profit of BDT 1,565,901 last year. Net loss after tax was BDT 881,187 or BDT 0.14 per share compared to profit of BDT 1,174,426 or BDT 0.19 per share last year. For the half year, the company reported turnover of BDT 53,336,660 compared to BDT 62,352,152 for the same period a year ago. Operating loss was BDT 1,882,578 compared to profit of BDT 8,458,533 last year. Net loss before WPPF was BDT 1,882,578 compared to profit of BDT 8,458,533 last year. Net loss before tax was BDT 1,882,578 compared to profit of BDT 8,055,746 last year. Net loss after tax was BDT 1,882,578 or BDT 0.30 per share compared to profit of BDT 6,041,809 or BDT 0.96 per share last year. Net asset value was BDT 22.46 per share as on December 31, 2016. Cash flows from operating activities were BDT 14,172,056 compared to cash flows used in operating activities of BDT 5,909,581 last year. Net operating cash flow per share was BDT 2.24 compared to negative BDT 0.94 last year.