Avarga Limited announced unaudited group earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of SGD 453,284,000 against SGD 409,484,000 a year ago. The increase in revenue by SGD 43.8 million or 11% was largely due to the building products business of Taiga. Profit before income tax was SGD 16,100,000 against SGD 10,258,000 a year ago. Profit attributable to equity holders of the company was SGD 6,080,000 or 0.69 cents diluted per share against SGD 5,891,000 or 0.68 cents diluted per share a year ago. Net cash used in operating activities was SGD 16,377,000 against SGD 6,372,000 a year ago. Purchase of property, plant and equipment was SGD 997,000 against SGD 481,000 a year ago. For the six months, the company reported revenue of SGD 807,133,000 against SGD 642,221,000 a year ago. The increase in revenue by SGD 164.9 million or 26% was largely due to the building products business of Taiga. Profit before income tax was SGD 22,375,000 against SGD 3,899,000 a year ago. Profit attributable to equity holders of the company was SGD 7,098,000 or 0.81 cents diluted per share against SGD 4,275,000 or 0.49 cents diluted per share a year ago. Net cash used in operating activities was SGD 73,502,000 against SGD 38,493,000 a year ago. Purchase of property, plant and equipment was SGD 1,937,000 against SGD 1,690,000 a year ago.