Conafi Prestito S.p.A. reported consolidated earnings results for the first quarter ended March 31, 2016. For the period, the company has posted revenue of €2,403,000 and net loss of €1,343,000 against €552,000 a year ago. Result from normal operations was €1,331,000 against €527,000 a year ago. Purchase of property, plant and equipment was €25,000. Purchase of intangible assets was €24,000 against €29,000 a year ago. Net cash used in operating activities was €1,298,000 against net cash generated in operating activities of €1,680,000 a year ago.