Aluworks Limited announced financial results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of GHC 25,612,000 against GHC 18,269,000 for the same period a year ago. Results from operating activities before financing cost was GHC 36,000 against GHC 1,121,000 for the same period a year ago. Loss before income taxation was GHC 4,453,000 against GHC 2,571,000 for the same period a year ago. Loss for the period was GHC 4,453000 against GHC 2,571,000 for the same period a year ago. Diluted loss per share was GHC 0.0158 against GHC 0.0091 for the same period a year ago. Net cash flow used in operating activities was GHC 5,516,000 against net cash flow from operating activities of GHC 696,000 for the same period a year ago. Purchase of property, plant and equipment was GHC 9,000 against GHC 25,000 for the same period a year ago.