Ress Life Investments A/S announced earnings results for the half year ended March 31, 2016. For the period, the company reported operating loss of $183,782 compared with $97,825 for the same period a year ago. Profit before tax was $1,595,448 compared with $2,880,224 for the same period a year ago. Profit for the year was $1,595,448 or $38.56 per basic and diluted share compared with $2,880,224 or $98.25 per basic and diluted share for the same period a year ago. Cash outflows from operating activities was $227,896 compared with $108,229 for the same period a year ago. Purchase of financial assets was $6,614,734 compared with $5,214,062 for the same period a year ago. The profit before tax mainly relates to positive fair value adjustments offset by administrative expenses and staff costs.