Devine Limited reported earnings results for the half year ended June 30, 2018. Total revenue was $24.3 million against $30.8 million a year ago. Net loss before tax was $11.4 million against $13.0 million a year ago. Net loss after tax was $11.4 million against $13.0 million a year ago. Loss per share was 7.1 cents against 8.2 cents a year ago. Devine recorded a 22% reduction in revenue for the period primarily due to the construction of high rise apartment developments on hand being completed in the prior period, delays of some settlements in Victoria because of approvals, and a market slow-down in South Australia which impacted land sales. Devine reported a reduced loss before tax for the six months to 30 June 2018, being primarily due to impairments at Mawson Green in Meadows, South Australia, Riverparks in Townsville, Queensland and Newbridge in Wallan, Victoria ($10.7 million). Loss from continuing operations after tax was $11.169 million against $12.456 million a year ago. Net cash inflow from operating activities was $6.155 million against net cash used in operating activities of $21.549 million a year ago. Loss per share from continuing operations was 7.0 cents against 7.8 cents a year ago.