Feb 7 (Reuters) - Wellard Ltd WLD.AX :
* H1 NET LOSS AFTER TAX OF $7.5 MILLION, A $10.4 MILLION IMPROVEMENT ON 1HFY17
* H1 REVENUE WAS DOWN BY 41.9% TO $163.7 MILLION
* EXPECTING TO EXCEED FULL YEAR TARGET OF $10 MILLION IN ANNUAL OVERHEAD SAVINGS