Ezion Holdings announced audited consolidated earnings results for the year ended December 31, 2015. For the year, the group reported revenue of $351,147,000 against $386,512,000 a year ago. Results from operating activities were $36,890,000 against $214,408,000 a year ago.

Profit before tax was $38,365,000 against $225,763,000 a year ago. Profit attributable to owners of the company was $36,784,000 against $223,658,000 a year ago. Diluted earnings per share were 1.51 cents against 15.55 cents a year ago.

Net cash from operating activities was $208,852,000 against $213,549,000 a year ago. Purchase of plant and equipment was $256,726,000 against $458,296,000 a year ago. Net asset value per share was 78.68 cents as on December 31, 2015 against 83.17 cents as on December 31, 2014.

ROE was 2.88% against 21.18% a year ago. ROA was 1.21% against 8.91% a year ago. Net debt was $1,375,290,000 as on December 31, 2015 against $1,124,534,000 as on December 31, 2014.

The decrease in revenue was mainly due to the absence of contribution from the projects in Queensland, Australia that did not go into additional trains as originally planned.