Ezra Holdings Limited reported unaudited consolidated earnings results for the third quarter and nine months ended May 31, 2016. For the quarter, the company reported loss attributable to the owners of the company of $242.9 million compared to loss attributable to the owners of the company of $3.0 million reported in the same period last year. Loss from continuing operations, net of tax attributable to owners of the parent was $235.1 million against $3.4 million reported last year. Revenue was $125.7 million against $139.3 million reported last year. Loss from continuing operations was $235.8 million against profit from continuing operations of $2.35 million reported last year. Loss before tax from continuing operations was $237.7 million against profit before tax from continuing operations of $1.2 million reported last year. Net cash used in operating activities was $44.9 million against net cash generated from operating activities of $77.4 million reported last year. Purchase of fixed assets was $58.1 million against $102.5 million reported last year. Purchase of intangible asset was $6,000 against $0.55 million reported last year. The decrease in revenue was due to a decrease in revenue of $19.5 million from Offshore Support and Production Services Division and a decrease of $3.8 million from Energy Services Division.

For the nine months, the company reported loss attributable to the owners of the company of $548.15 million or 18.65 cents per diluted share compared to profit attributable to the owners of the company of $51.5 million or 3.07 cents per diluted share reported in the same period last year. Loss from continuing operations, net of tax attributable to owners of the parent was $473.8 million or 16.12 cents per diluted share against profit of $75.1 million or 4.48 cents per diluted share reported last year. Revenue was $389.2 million against $396.4 million reported last year. Loss from continuing operations was $459.6 million against profit from continuing operations of $104.3 million reported last year. Loss before tax from continuing operations was $503.5 million against profit before tax from continuing operations of $94.4 million reported last year. Net cash used in operating activities was $86.9 million against net cash generated from operating activities of $104.5 million reported last year. Purchase of fixed assets was $143.8 million against $235.9 million reported last year. Purchase of intangible asset was $0.08 million against $0.55 million reported last year. The decrease in revenue was due to a decrease in revenue of $79.3 million from Offshore Support and Production Services Division and a decrease of $13.5 million from Energy Services Division. As on May 31, 2016, the company's net asset value per ordinary share was 27.15 cents.

The company announced fixed assets written off of $5,000 for the third quarter ended May 31, 2016.