MADRID, March 2 (Reuters) - Martinsa Fadesa fell to a net loss of 2.47 billion euros ($3.11 billion) from a 60 million euro profit a year ago, as provisions against losses on its assets soared to 2.26 billion euros.
The company, which filed for administration last July in Spain's biggest ever default, with debts of 5.4 billion euros, said revenues nearly halved to 626 million euros in 2008 from 1.21 billion a year ago.
Martinsa Fadesa is now run by court appointed administrators. ($1=.7940 Euro) (Reporting by Judy MacInnes; editing by Simon Jessop)