AB Klaipedos nafta reported unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported sales of EUR 23.555 million compared to EUR 30.814 million a year ago. Profit from operating activities was EUR 0.586 million compared to EUR 8.751 million a year ago. Profit before income tax was EUR 0.972 million compared to EUR 8.787 million a year ago. Net profit was EUR 0.873 million or EUR 0.002 per basic and diluted share compared to EUR 8.941 million or EUR 0.02 per basic and diluted share a year ago. For the year, the company reported sales of EUR 103.839 million compared to EUR 109.70002 million a year ago. Profit from operating activities was EUR 15.084 million compared to EUR 24.586 million a year ago. Profit before income tax was EUR 15.251 million compared to EUR 24.104 million a year ago. Net profit was EUR 13.915 million or EUR 0.04 per basic and diluted share compared to EUR 22.036 million or EUR 0.06 per basic and diluted share a year ago. Net cash flows from operating activities were of EUR 45.399 million compared to EUR 17.201 million a year ago. Acquisition of property, plant, equipment and intangible assets were of EUR 16.420 million compared to EUR 12.331 million a year ago.