Joint stock company VEF reported non-audited earnings results for the year ended December 31, 2016. For the year, the company reported net turnover of EUR 1,297,712 against EUR 1,135,245 a year ago. Profit before taxes was EUR 197,999 against EUR 90,954 a year ago. Net profit was EUR 165,792 against EUR 34,947 a year ago. Net cash provided by operating activities was EUR 196,427 against EUR 180,714 a year ago.