K + G Complex Public Company Ltd. reported audited consolidated and company earnings results for the year ended Dec. 31, 2016. For the period, the company reported sales of €4,436,000 compared to €1,379,000 a year ago. Operating profit was €3,421,695,000 compared to €854,000 a year ago. Profit before tax was €5,018,000 compared to €200,000 a year ago. Profit for the period was €4,920,000 or 3.83 cents per basic and fully diluted share compared to €200,000 or 0.16 cents per basic and fully diluted share a year ago. Net cash from operating activities was €3,838,000 compared to €1,040,000 a year ago. The net profit for the year is significantly improved due to increase operating profit as explained above plus to the significantly improved results from its associated company The Cyprus Cement Public Company Limited. During the year ended December 31, 2016, the Company increased its turnover by 205%, from €1,379,000 to €4,200,000 due to increase in plots sales. Due to increase in turnover, both gross profit and operating profit increased significantly. As a result, the Company's net profit for the year ended December 31, 2016 amounted to €2,536,000 compared to a loss of €152,000 in 2015. Operating profit was €3,457,000 compared to €862,000 a year ago. Profit before tax was €2,611,000 compared to loss of €152,000 a year ago. Net cash from operating activities was €3,711,000 compared to €1,051,000 a year ago.