AS VEF Radiotehnika RRR announced earnings results for the year ended June 30, 2016. For the year, the company reported net sales of EUR 445,027 against EUR 804,360 a year ago. Loss before taxes was EUR 222,059 against profit of EUR 238,048 a year ago. Profit for the year was EUR 232,725 against EUR 43,068 a year ago. Loss per share was EUR 0.091 against profit of EUR 0.017 a year ago. Net cash flow use in operating activity was EUR 8,826 against EUR 342,522 a year ago. Acquisition of fixed assets and intangibles was EUR 0 compared to EUR 1,641 a year ago.