MetroGAS S.A. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of ARS 1,199,271,000 compared to ARS 599,795,000 a year ago. Operating income was ARS 82,453,000 compared to ARS 105,218,000 a year ago. Loss before income tax was ARS 18,063,000 compared to profit before income tax of ARS 19,328,000 a year ago. Net loss was ARS 20,510,000 or ARS 0.04 per basic and diluted share compared to net profit of ARS 8,522,000 or ARS 0.01 per basic and diluted share a year ago.

For the nine months period, the company reported revenues of ARS 2,570,437,000 compared to ARS 1,449,370,000 a year ago. Operating income was ARS 106,722,000 compared to ARS 91,412,000 a year ago. Loss before income tax was ARS 329,222,000 compared to profit before income tax of ARS 644,080,000 a year ago. Net loss was ARS 354,544,000 or ARS 0.62 per basic and diluted share compared to net profit of ARS 406,169,000 or ARS 0.71 per basic and diluted share a year ago. Net cash flows generated by operating activities were ARS 40,811,000 compared to ARS 289,073,000 a year ago. Increase in properties, plant and equipment was ARS 125,417,000 compared to ARS 118,609,000 a year ago.