Bagir Group Ltd. announced consolidated earnings results for the full year ended December 31, 2017. For the year, the company's revenues from sales were $51,091,000 compared with $64,071,000 a year ago. Operating loss was $599,000 compared with $346,000 a year ago. Loss before taxes on income was $2,905,000 compared with income of $9,869,000 a year ago. Net Loss attributable to equity holders of the company was $3,028,000 or $0.01 per basic and diluted share compared with profit of $9,901,000 or $0.11 per basic and diluted share a year ago. Net cash used in operating activities was $2,924,000 compared with $60,000 a year ago. Purchase of property, plant and equipment was $892,000 compared with $375,000 a year ago. The EBITDA and the adjusted EBITDA for 2017 amounted to $1.5 million and $0.6 million respectively compared with EBITDA of $1.6 million in 2016.