Carpathia Capital S.A. reported unaudited earnings results for the first quarter ended March 31, 2017. For the period, operating loss was PLN 56,000 against operating profit of PLN 189,000 for the same period prior year. Loss before tax was PLN 57,000 against profit before tax of PLN 188,000 for the same period prior year. Net loss for the period was PLN 46,000 against net profit of PLN 167,000 for the same period prior year. Net cash flows used in operating activities was PLN 49,000 against net cash flows from operating activities of PLN 77,000 for the same period prior year.