TGLT S.A. announced consolidated earnings results for the second quarter and first half ended June 30, 2016. For the quarter, the company reported revenue was $148.2 million against $231.2 million a year ago. Operating loss was $35.9 million against income of $25.2 million a year ago. Loss before income tax was $62.3 million against income of $19.1 million a year ago. Net loss attributable to shareholders of the parent was $44.4 million against income of $0.1 million a year ago. Diluted loss per share was $0.63 against nil a year ago. Adjusted operating loss was $25.5 million against income of $45.3 million a year ago. Net cash flow used in operational activities was $224.7 million against $24.1 million a year ago. Payments for por purchase of PP&E was $2.2 million. Payments for purchase of intangible assets was $0.2 million against $0.2 million a year ago. For the first half, the company reported revenue was $331.7 million against $374.8 million a year ago. Operating loss was $48.6 million against income of $31.1 million a year ago. Loss before income tax was $103.0 million against income of $14.4 million a year ago. Net loss attributable to shareholders of the parent was $75.1 million against $5.1 million a year ago. Diluted loss per share was $1.07 against $0.07 a year ago. Adjusted operating loss was $24.0 million against income of $63 million a year ago. Net cash flow used in operational activities was $98.5 million against $9.3 million a year ago. Payments for por purchase of PP&E was $2.2 million. Payments for purchase of intangible assets was $0.2 million against $0.2 million a year ago. Net debt was $458.6 million against $318 million a year ago.