Cyprus Forest Industries Public Ltd. reported audited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported turnover of 5,555,446 compared to 5,846,520 a year ago. Loss from operations was 1,418,628 compared to 1,016,287 a year ago.
Loss before taxation was 2,127,075 compared to 1,437,605 a year ago. Loss for the year attributable to owners of the company was 2,029,348 compared to 1,383,027 a year ago. Basic and fully diluted loss per share was 66.33 cents compared to 45.20 cents a year ago.
Net cash flow from operations was 216,034 compared to 85,551 a year ago. Payments for the purchase of property, plant, equipment and intangible assets were 23,178 compared to 10,072 a year ago.