Huan Hsin Holdings Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
April 09, 2018 at 09:39 pm EDT
Huan Hsin Holdings Ltd. announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company’s revenue was SGD 24,356,000 as compared to SGD 52,575,000 a year ago. Loss before income tax was SGD 20,588,000 as compared to profit before income tax of SGD 13,617,000 a year ago. Loss for the year attributable to Equity holders of the Company was SGD 20,588,000 as compared to profit of SGD 9,784,000 a year ago. Basic and diluted loss per share was 5.15 cents as compared to earnings of 2.45 cents a year ago. Net cash used in operating activities was SGD 17,139,000 as compared to SGD 13,996,000 a year ago. Additions to property, plant and equipment was SGD 16,000 as compared to SGD 218,000 a year ago.