CAQ Holdings Limited announced preliminary consolidated earnings results for the year ended December 31, 2016. For the year, the company reported sales of AUD 380,482 against AUD 43,333 a year ago. Total revenue from continuing operations was AUD 653,389 against AUD 207,958 a year ago. Loss from continuing operations before income tax benefit was AUD 2,704,539 against AUD 501,565 a year ago. Loss after tax from ordinary activities attributable to members was AUD 2,704,539 against AUD 887,647 a year ago. Loss attributable to the owners of the company was AUD 2,704,539 or 0.41 cents per basic and diluted share against AUD 887,647 or 0.14 cents per basic and diluted share a year ago. Net cash outflow from operating activities was AUD 2,439,643 against AUD 2,097,944 a year ago. Purchase of items of property, plant and equipment’s was AUD 341,410 against AUD 538,789 a year ago. Payment for intangible assets was AUD 90,832 against AUD 100,718 a year ago. Net tangible asset backing per ordinary share ­ current reporting period was 8.64 cents as on December 31, 2016, compared with 9.48 cents as on December 31, 2015.