Unioil Resources & Holdings Company, Inc. announced audited consolidated and standalone earnings results for the year ended December 31, 2016. For the year, on consolidated basis, the company reported rental income of PHP 278,640 against PHP 1,700,409 a year ago. Net operating loss was PHP 1,100,339 against PHP 3,401,567 a year ago. Loss from operations was PHP 1,083,853 against income from operations of PHP 3,728,957 a year ago. Net loss for the year was PHP 1,159,646 or PHP 0.00073 per share against net income for the year of PHP 3,294,769 or PHP 0.00207 per share a year ago. Net cash flows used in operating activities were PHP 493,785 against PHP 300,184 a year ago. Negative book value per share as on December 31, 2016 was PHP 0.36 against PHP 0.36 as at December 31, 2015. Negative return on equity was 0.01% against 0.01% a year ago. For the year, on standalone basis, the company reported rental income of PHP 278,640. Net operating loss was PHP 792,758 against PHP 1,116,618 a year ago. Loss from operations was PHP 792,758 against PHP 1,115,038 a year ago. Net loss for the year was PHP 792,758 or PHP 0.00050 per share against PHP 1,115,038 or PHP 0.00070 per share a year ago. Net cash flows used in operating activities were PHP 36,982 against PHP 641,324 a year ago.