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BRIEF-Reds Real Estate Development FY 2016 net results turn to loss of 0.8 million euros
April 28, 2017 / 1:09 PM / 5 months ago

BRIEF-Reds Real Estate Development FY 2016 net results turn to loss of 0.8 million euros

April 28 (Reuters) - Reds Real Estate Development And Services SA:

* FY 2016 leasing revenue at 6.3 million euros ($6.87 million) versus 6.3 million euros year ago

* FY 2016 net loss at 0.8 million euros versus profit 2.0 million euros year ago

* FY 2016 EBITDA at 3.1 million euros versus 5.4 million euros year ago

* Net cash on Dec. 31, 2016 at 3.0 million euros versus 0.7 million euros year ago

Source text: bit.ly/2oEGzSz

Further company coverage: ($1 = 0.9169 euros) (Gdynia Newsroom)

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