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.