Cyprus Forest Industries Public Ltd. announced consolidated earnings results for the year ended December 31, 2015. For the year, the company reported income of EUR 5,555,446 compared to EUR 5,846,520 a year ago. Loss from operations was EUR 1,346,975 compared to EUR 1,016,287 a year ago.

Loss from operations after net finance cost was EUR 1,714,260 compared to EUR 1,416,993 a year ago. Loss before taxation was EUR 2,055,422 compared to EUR 1,437,605 a year ago. Loss for the year was EUR 2,032,355 compared to EUR 1,398,628 a year ago.

Loss for the year attributable to owners of the company was EUR 1,957,695 or 63.99 cents per basic and diluted share compared to EUR 1,383,027 or 45.20 cents per basic and diluted share a year ago.