Kardan N.V. announced consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company’s total revenue was EUR 1.6 million as compared to EUR 2.0 million for the same period last year. Loss before income tax was EUR 17.5 million as compared to EUR 3.3 million for the same period last year. Loss from continuing operations was EUR 18.7 million as compared to EUR 1.8 million for the same period last year. Loss for the period attributable to company equity holder was EUR 17.8 million as compared to profit of EUR 1.9 million for the same period last year.