Sagalio Energy Limited reported consolidated earnings results for the year ended December 31, 2015. For the year, the company reported loss before income tax from continuing operations of USD 6,192,000 against USD 1,072,000 a year ago. Loss for the period from continuing operations was USD 6,192,000 against USD 1,072,000 a year ago.

Total comprehensive loss for the period was USD 6,192,000 against USD 1,072,000 a year ago. Basic and diluted loss per share from continuing operations was 3.03 cents against 0.81 cents a year ago. Net operating cash outflows were USD 780,000 against USD 729,000 a year ago.

Payments for exploration and evaluation activities were USD 99,000.