Depa Limited announced audited financial results for the year ended December 31, 2016. For the period, the company reported revenue of AED 1,730.3 million compared to AED 1,640.6 million for the same period a year ago, 5% year-on-year growth. Net profit was AED 52.0 million compared to net loss of AED 272.7 million for the same period a year ago. Earnings per share were AED 0.07 compared to loss per share of AED 0.44 for the same period a year ago. Group also generated AED 4.6 million from net capital expenditure, compared with a net capital expenditure spend of AED 7.0 million in previous year. Operating profit amounted to AED 65.2 million compared to operating loss of AED 179.8 million for the same period a year ago. Profit before tax of AED 71.7 million compared to Loss before tax of AED 259.7 million a year ago. Net cash inflows from operating activities amounted to AED 82.3 million, an increase of AED 39.5 million or 92% from previous year.