Thai Industrial & Engineering Service Public Company Limited announced audited earnings results for the year ended December 31, 2016. For the year, the company announced loss for the year was THB 298,987,651,000 or THB 0.03 per basic and diluted share compared to profit for the year of THB 27,206,650,000 or THB 0.01 per basic share for the same period a year ago. Revenues from construction contracts was THB 354,906,370 compared to THB 513,466,776 for the same period a year ago. Loss before income tax was THB 336,218,752 compared to profit before income tax of THB 32,725,763 for the same period a year ago. Net cash used in operating activities was THB 197,188,296 compared to THB 334,264,883 for the same period a year ago. Payment for purchase of land and equipment was THB 63,501,509 compared to THB 698,257 for the same period a year ago.