FTG Holdings Ltd. announced audited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported revenue of KES 2,544,628,524 against KES 2,283,151,865 a year ago. Operating profit before gain on disposal of PPE was KES 237,857,149 against KES 259,016,014 a year ago. Largely impacted by a 22.3% increase in operating costs to KES 671.8 million. Operating profit after gain on disposal of PPE was KES 238,694,514 against KES 261,102,337 a year ago. Profit before tax was KES 175,974,893 against KES 198,387,446 a year ago. Profit for the year was KES 144,980,485 or KES 0.90 per share against KES 178,848,086 or KES 1.10 per share a year ago. Net cash from operating activities was KES 35,662,579 against KES 130,973,685 a year ago.