TGLT S.A. announced consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company's revenue was $183.5 million compared with $143.6 million a year ago. Operating loss was $12.7 million compared with operating income of $5.8 million a year ago. Loss before income tax was $30.5 million compared with $4.7 million a year ago. Net loss attributable to shareholders of the parent was $24.0 million or $0.35 per basic and diluted share compared with $5.2 million or $0.07 per basic and diluted share a year ago. Adjusted operating income was $1.5 million compared with $17.7 million a year ago. Net cash flow generated by operational activities was $126.3 million compared with $14.8 million a year ago, driven by strong cash sales in the quarter. As on March 31, 2016, the company's net debt was $120.0 million.