MIDI p.l.c. announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company's loss after tax was EUR 2.5 million against profit after tax of EUR 9.9 million a year ago. Turnover was EUR 8.7 million against EUR 41.0 million a year ago. Operating profit was EUR 1.6 million against EUR 13.1 million a year ago.

The board recommended for the approval of the AGM the payment of a final net dividend of EUR 1,499,119, equivalent to EUR 0.007 per share. The final dividend, if approved at the AGM, will be paid to the shareholders on the company's share register at the Central Securities Depository of the Malta Stock Exchange as at the close of business on May 19, 2017 and payable by not later than July 6, 2017.