Kina Petroleum Limited announced consolidated and standalone earnings results for the year ended December 31, 2016. For the year, on consolidated basis, the company's revenue was USD 58,820 against USD 135,649 a year ago. Loss before income tax was USD 2,783,811 against USD 3,088,936 a year ago. Loss after income tax attributable to members of the parent entity was USD 2,783,811 against USD 3,088,936 a year ago. Loss per share, basic and diluted, was 0.91 cents per share against 0.96 cents per share a year ago. Net cash used in operating activities was USD 2,009,170 against USD 2,447,933 a year ago. Exploration and evaluation expenditure was USD 1,172,657 against USD 2,448,174 a year ago. Acquisition of plant and equipment was USD 1,148 against USD 2,798 a year ago. For the year, on standalone basis, the company's revenue was USD 58,600 against USD 135,270 a year ago. Loss before income tax was USD 2,744,709 against USD 3,184,461 a year ago. Loss after income tax attributable to members of the parent entity was USD 2,744,709 against USD 3,184,461 a year ago. Net cash used in operating activities was USD 2,009,390 against USD 2,436,491 a year ago. Exploration and evaluation expenditure was USD 1,172,657 against USD 2,448,174 a year ago. Acquisition of plant and equipment was USD 1,148 against USD 2,798 a year ago.