TMM Real Estate Development plc Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2015
TMM Real Estate Development plc reported audited consolidated earnings results for the year ended December 31, 2015. For the period, the company reported revenue of $9,628,000 against $32,608,000 a year ago. Operating loss was $10,916,000 against profit of $721,000 a year ago. Loss before tax was $19,948,000 against $17,098,000 a year ago. Loss attributable to equity holders of the parent was $16,993,000 against $21,460,000 a year ago. Basic and diluted loss per share was $0.33 against $0.42 a year ago. Net cash flows from operating activities were $7,682,000 against $11,401,000 a year ago. Purchase of property, plant and equipment was $219,000 against $1,038,000 a year ago.