The Lebanese Company for the Development and Reconstruction of the Beirut Central District S.A.L. announced audited consolidated financial results for the year ended December 31, 2016. For the year, the company reported total revenues of USD 266,578,449 against USD 91,301,284 a year ago. Net revenues from operations were USD 188,911,586 compared to USD 55,960,742 a year ago. Profit before tax was USD 93,443,425 compared to loss before tax of was USD 88,495,922 a year ago. Profit attributable to equity owners of the parent was USD 75,255,450 compared to loss attributable to equity owners of the parent of USD 87,212,755 a year ago. Basic/diluted earnings per share were USD 0.46 against basic/diluted loss per share of USD 0.53 a year ago. Net cash provided by operating activities was USD 78,277,621 compared to USD 3,438,254 a year ago. Acquisition of fixed assets was USD 1,253,151 compared to USD 870,504 a year ago. Acquisition of investment properties was USD 992,049 compared to USD 391,876 a year ago.