Joint stock company Grobina announced unaudited earnings results for the full year ended December 31, 2016. For the year, the company reported net turnover of EUR 2,657,682 compared to EUR 6,220,362 a year ago. Loss from operations was EUR 4,181,471 compared to profit of EUR 1,655,202 a year ago. Loss before taxes was EUR 4,292,656 compared to profit of EUR 1,120,756 a year ago. Loss was EUR 4,292,656 compared to profit of EUR 1,223,693 a year ago. Loss per share was EUR 8.605 compared to earnings per share of EUR 2.447 a year ago. Net cash outflow from operating activities was EUR 979,231 compared to net cash inflow from operating activities of EUR 4,112,521 a year ago. Additions in tangible and intangible assets were EUR 29,739 compared to EUR 5,110,440 a year ago.