Terra Santa Agro S.A. announced consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net revenues of BRL 147,634,000 against BRL 144,143,000 a year ago. Operating loss - LBIT was BRL 80,875,000 against BRL 33,134,000 a year ago. Loss before tax and social contribution was BRL 105,146,000 against BRL 101,211,000 a year ago. Loss for the period was BRL 92,090,000 against BRL 86,279,000 a year ago. LBITDA was BRL 72,040,000 against BRL 23,288,000 a year ago. Adjusted LBITDA was BRL 23,838,000 against BRL 257,000 a year ago. Net asset value per share was BRL 67.60. Adjusted net loss for the period was BRL 40,537,000 against BRL 14,828,000 a year ago. Exchange rate variation positively impacted the Company's financial result by BRL 1.6 million in the third quarter 2016, against a negative result of BRL 45.8 million recorded in the third quarter 2015, due to the 28.1% depreciation of the real against the dollar in the third quarter last year. For the nine months, the company reported net revenues of BRL 692,912,000 against BRL 802,949,000 a year ago. Operating loss - LBIT was BRL 107,246,000 against income of BRL 23,252,000 a year ago. Loss before tax and social contribution was BRL 138,185,000 against BRL 102,412,000 a year ago. Loss for the period was BRL 130,744,000 against BRL 87,556,000 a year ago. LBITDA was BRL 73,431,000 against EBITDA of BRL 65,052,000 a year ago. Adjusted EBITDA was BRL 27,037,000 against BRL 70,055,000 a year ago. Net cash provided by operating activities was BRL 83,359,000 against BRL 71,464,000 a year ago. Acquisition of fixed assets was BRL 3,498,000 against BRL 18,565,000 a year ago. Adjusted net income for the period was BRL 7,083,000 against BRL 44,797,000 a year ago. Net debt was BRL 722,929,000 against BRL 963,808,000 a year ago.