Greenergy Holdings Incorporated announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported interest income of PHP 5,484 against PHP 8,086 a year ago. Loss before income tax was PHP 43,523,028 against PHP 153,558,004 a year ago. Net loss attributable to equity holders of parent company was PHP 46,000,060 against PHP 148,735,965 a year ago. Basic loss per share was PHP 0.03 against PHP 0.09 a year ago. Net cash used in operating activities was PHP 34,349,122 against PHP 14,839,218 a year ago. As at December 31, 2016, the company’s book value per share of PHP 0.64. Loss on assets was 0.03% compared to 0.11% a year ago. Loss on equity was 0.03% compared to 0.13% a year ago.