Mechanical Lloyd Company Limited reported audited earnings results for the year ended December 31, 2015. For the period, the company has posted revenue of GHS 46,838,893 against GHS 30,641,217 a year ago. Operating profit was GHS 9,643,371 against operating loss of GHS 2,381,681 a year ago.

Profit before income tax was GHS 9,631,976 against loss before income tax of GHS 4,075,999 a year ago. Profit for the year was GHS 8,785,263 or GHS 0.1754 basic and diluted per share against loss for the year of GHS 3,505,710 or GHS 0.0700 basic and diluted per share a year ago. Net cash used in operating activities was GHS 14,127,017 against net cash generated in operating activities was GHS 11,834,137 a year ago.

Purchase of property, plant and equipment was GHS 2,522,917 against GHS 1,839,407 a year ago.