Siderúrgica Venezolana SIVENSA SA announced consolidated earnings results for first quarter ended March 31, 2016. For the quarter, the company reported operating loss of VEF 62,238,000, loss before income tax of VEF 122,508,000, net loss for the quarter of VEF 122,508,000, net loss for the quarter attributable to company shareholders of VEF 108,725,000 compared to the operating profit Of VEF 3,950,000, loss before income tax of VEF 218,642,000, net loss for the quarter of VEF 218,642,000, net loss for the quarter attributable to company shareholders of VEF 214,499,000 for the same quarter a year ago.