Sadovaya Group S.A. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2016
Sadovaya Group S.A. reported unaudited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported revenue of $8,954, operating loss was $1,792,028, loss before tax was $17,791,615, net loss of $18,070,330 or $0.42 per share against revenue of $1,036,523, operating loss was $3,273,524, loss before tax was $38,700,833, net loss of $38,794,561 or $0.90 per share a year ago. Loss attributable to equity holders of the parent was $18,064,012 compared to $38,790,001 a year ago. Net cash flows used in operating activities was $116,733 compared to $19,355 a year ago.