AFI Development reported consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of $24.706 million compared to $21.123 million a year ago. Results from operating activities were $0.943 million compared to $107.532 million a year ago. Loss before tax was $2.564 million compared to profit before tax of $18.619 million a year ago. Loss attributable to owners of the company was $2.432 million or 0.23 cent per basic and diluted share compared to profit attributable to owners of the company of $11.682 million or 1.12 cents per basic and diluted share a year ago. For the nine months, the company reported revenue of $114.413 million compared to $72.199 million a year ago. Loss from operating activities was $70.998 million compared to results from operating activities of $90.331 million a year ago. Loss before tax was $58.267 million compared to $15.529 million a year ago. Loss attributable to owners of the company was $55.565 million or 5.30 cents per basic and diluted share compared to profit attributable to owners of the company of $21.424 million or 2.04 cents per basic and diluted share a year ago. Net cash from operating activities was $23.288 million compared to $31.845 million a year ago. Payments for construction of investment property under development were $2.838 million compared to $7.960 million a year ago. Payments for the acquisition/renovation of investment property were $0.117 million compared to $1.929 million a year ago.