Target Energy Limited reported consolidated earnings results for the year ended June 30, 2017. For the year, the company reported revenue of AUD 652,908 compared to AUD 732,174 a year ago. Loss from continuing operations before income tax expense was AUD 2,252,936 compared to AUD 8,931,300 a year ago. Loss from continuing operations after income tax expense was AUD 2,252,936 compared to AUD 8,931,300 a year ago. Total comprehensive loss was AUD 2,236,579 compared to AUD 8,752,923 a year ago. Basic loss per share was 0.2 cents compared to 0.9 cents a year ago. Net cash used in operating activities was AUD 215,447 compared to AUD 2,262,611 a year ago. Purchase of property, plant and equipment was AUD 218,139 compared to AUD 345,973 a year ago.