MetroGAS S.A. reported consolidated earnings results for the first quarter ended March 31, 2014. For the period, the company reported revenue of ARS 454,337,000 against ARS 371,459,000 a year ago. Operating loss was ARS 68,768,000 against ARS 8,647,000 a year ago.

Net financial loss was ARS 261,230,000 against ARS 54,150,000 a year ago. Loss before income tax was ARS 329,998,000 against result before tax of ARS 694,673,000 a year ago. Net and comprehensive loss for the period was ARS 343,024,000 or ARS 0.60 per basic and diluted share against net and comprehensive result of ARS 446,600,000 or ARS 0.78 per basic and diluted share a year ago.

Net cash flows used in operating activities was ARS 29,957,000 against net cash flows generated by operating activities of ARS 24,501,000 a year ago. Investments increase in properties, plant and equipment was ARS 31,312,000 against ARS 31,918,000 a year ago.