Mechanical Lloyd Company Limited reported audited earnings results for the year ended December 31, 2016. For the year, the company's revenue was GHC 50,964,812 compared to GHC 46,827,055 a year ago. Loss before tax was GHC 2,673,281 compared to profit of GHC 9,631,976 a year ago. Loss after tax was GHC 2,803,118 compared to profit of GHC 8,785,263 a year ago. Capital expenditure was GHC 1,832,234 compared to GHC 3,729,442 a year ago. Operating loss was GHC 2,295,895 compared to profit of GHC 9,643,371 a year ago. Basic and diluted loss per share was GHC 0.0560 compared to earnings per share of GHC 0.1754 a year ago. Net cash used in operating activities was GHC 135,778 compared to GHC 14,127,017 a year ago. Purchase of property, plant and equipment was GHC 1,432,734 compared to GHC 2,522,917 a year ago.