Thred Limited reported audited consolidated earnings results for the half year ended December 31, 2016. For the half year, the company reported revenue was AUD 6,708. Profit before tax was AUD 2,048,544 against loss of AUD 831,506 a year ago. Net profit for the half-year was AUD 2,048,544 against loss of AUD 831,506 a year ago. Net cash used in operating activities was AUD 2,971,827 against of AUD 868,447 a year ago. Purchase of plant and equipment was AUD 5,458. Basic and diluted earnings per share was 0.27 cents per share against LPS of 0.33 cents per share a year ago.