Basil Read Holding Ltd. announced consolidated earnings result for the full year ended December 31, 2016. For the year, the company reported contract revenue of ZAR 5,126,085,000 against ZAR 5,519,979,000 a year ago. Operating profit was ZAR 63,737,000 against ZAR 226,197,000 a year ago. Profit before taxation was ZAR 4,601,000 against ZAR 231,342,000 a year ago. Loss for the year from continuing operations was ZAR 20 818,000 or 23.77 cents per basic and diluted share against profit for the year from continuing operations of ZAR 191 638,000 a year ago or 152.78 cents per basic and diluted share. Loss attributable to equity shareholders of the company were ZAR 64,128,000 against profit attributable to equity shareholders of the company of ZAR 180,761,000. Net cash used in operating activities was ZAR 9,596,000 against ZAR 150,691,000 a year ago. Acquisitions of property, plant and equipment was ZAR 128,975,000 against ZAR 68,794,000 a year ago. Basic and diluted headline loss per share was 21.79 cents against basic and diluted headline earnings per share of 120.28 cents a year ago. Basic and diluted headline loss per share from continuing operations was 21.79 cents against basic and diluted headline earnings per share of 143.87 cents a year ago. Headline loss was ZAR 28,700,000 against headline earnings of ZAR 158,396,000 a year ago. Headline loss from continuing operations was ZAR 28,700,000 against Headline earnings from continuing operations of ZAR 189,455,000 a year ago.