Advancecon Holdings Berhad announced un-audited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of MYR 61,761,337 against MYR 59,149,828 a year ago. Profit before taxation was MYR 3,689,540 against MYR 9,212,724 a year ago. Profit after taxation/total comprehensive income was MYR 2,532,373 against MYR 6,852,228 a year ago. Basic and diluted earnings per share were 0.63 against 2.20 a year ago. Net cash from operating activities was MYR 1,183,257 against MYR 40,407,438 a year ago. Purchase of property, plant and equipment was MYR 13,839,487 against MYR 5,513,248 a year ago. Purchase of investment properties was MYR 465,300 against MYR 1,292,915 a year ago. For the current quarter under review, the increase in the group's revenue was mainly attributable to higher progress billings from its construction and support services as compared to the corresponding preceding quarter. Net asset per share was MYR 0.44.