AFI Development PLC announced audited financial results for the year ended December 31, 2017. For the period, the company reported revenue of $179,051,000 against $138,296,000 a year ago. Results from operating activities was $66,598,000 against negative $71,891,000 a year ago. Profit before income tax was $29,327,000 against negative $50,697,000 a year ago. Loss attributable to Owners of the Company was $4,918,000 against $47,872,000 a year ago. Basic and diluted loss per share were 0.47 cents against 4.57 cents a year ago. Net cash from operating activities was $104,735,000 against $35,185,000 a year ago. Payments for the acquisition/renovation of investment property was $998,000 against $370,000 a year ago. Acquisition of intangible assets was $200,000. Acquisition of property, plant and equipment was $484,000 against $262,000 a year ago. Increase in revenue was driven by better performance of commercial properties and contribution from residential sales.