Armidale Investment Corporation Limited announced consolidated earnings results for the six months ended December 31, 2011. For the six months, the company's net loss before income tax was AUD 0.431 million compared to loss of AUD 0.570 million for the same period last year. Profit after tax attributable to member of the company was AUD 0.037 million compared to loss of AUD 0.570 million for the same period last year. Basic and diluted loss per share was 0.43 cents compared to 0.67 cents for the same period last year. Net cash used in operating activities was AUD 2.338 million compared to net cash provided by operating activities of AUD 0.340 million for the same period last year. Purchase of equipment was AUD 0.565 million. The company announced the resignation of Gabriel Radzyminski as joint secretary of the company leaving David Franks as the sole company secretary of AIK on Februqry 20, 2012.