City Housing and Real Estate Company PLC reported unaudited group and company earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the group reported revenue of LKR 180,145, loss from operating activities of LKR 6,340,405, loss before taxation of LKR 5,285,538 and loss attributable to equity holders of the parent of LKR 5,301,387 or LKR 0.40 per share against revenue of LKR 10,495,360, loss from operating activities of LKR 8,155,603, loss before taxation of LKR 7,805,315 and loss attributable to equity holders of the parent of LKR 7,805,315,000 or LKR 0.58 per share for the same period a year ago. For the year, the group reported revenue of LKR 11,594,210, loss from operating activities of LKR 15,010,444, loss before taxation of LKR 12,458,463 and loss attributable to equity holders of the parent of LKR 12,458,463 or LKR 0.93 per share against revenue of LKR 53,182,846, loss from operating activities of LKR 29,896,081, loss before taxation of LKR 28,332,188 and loss attributable to equity holders of the parent of LKR 28,332,188 or LKR 2.12 per share for the same period a year ago. Net cash used in operating activities was LKR 38,474,185 against LKR 48,313,218 for the same period a year ago. Addition to property, plant and equipment was LKR 8,321,225 against LKR 235,080 for the same period a year ago. For the quarter, the company reported revenue of LKR 180,145, loss from operating activities of LKR 1,958,801, loss before taxation of LKR 1,287,928 and net loss of LKR 1,287,928 or LKR 0.10 per share against revenue of LKR 10,495,360, loss from operating activities of LKR 2,413,446, loss before taxation of LKR 2,750,756 and net loss of LKR 2,750,756 or LKR 0.21 per share for the same period a year ago. For the year, the company reported revenue of LKR 11,594,210, loss from operating activities of LKR 5,280,760, loss before taxation of LKR 4,744,229 and net loss of LKR 4,744,229 or LKR 0.35 per share against revenue of LKR 53,182,846, loss from operating activities of LKR 11,771,765, loss before taxation of LKR 12,975,654 and net loss of LKR 12,975,654 or LKR 0.97 per share for the same period a year ago. Net cash used in operating activities was LKR 20,167,389 against net cash generated from operating activities of LKR 7,242,789 for the same period a year ago. Addition to property, plant and equipment was LKR 8,321,225 against LKR 192,290 for the same period a year ago.