Sanochemia announced earnings results for the full year of fiscal 2016. For the year, the company reported EBIT slipped to EUR 370,000 (USD 0.41 million), down from EUR 878,000 a year earlier. The net loss amounted to EUR 285,000, as compared to a net profit of EUR 319,000 posted a year earlier. Revenue increased by 7% to EUR 17.6 million. EBITDA meanwhile contracted from EUR 2.2 million to EUR 1.6 million, mostly due to currency conversion losses.