Bonvests Holdings Limited announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of SGD 53,239,000 against SGD 50,456,000 a year ago. Profit from operations was SGD 36,692,000 against SGD 7,343,000 a year ago. Profit before taxation was SGD 35,430,000 against SGD 6,566,000 a year ago. Net profit attributable to equity holders of the company was SGD 32,962,000 against SGD 4,694,000 a year ago. Basic and diluted earnings per share were 8.196 cents against 1.167 cents a year ago. Net cash used in operating activities was SGD 28,996,000 against net cash generated from operating activities SGD 7,911,000 a year ago. Purchase of property, plant and equipment was SGD 3,591,000 against SGD 7,824,000 a year ago. The revenue of the Group for the quarter increased by 5.5%, mainly due to higher revenue from the Property - Rental, Hotel and Industrial Divisions. Profit before taxation increased by 439.6%, mainly due to gain on disposal of available-for-sale financial assets, partially offset by lower contributions from the Hotel Division and higher finance cost. Net cash used in operating activities was mainly due to increase in operating receivables due to the receivable of sales proceeds from the disposal of available-for-sale financial assets in third quarter 2016. For the nine months, the company reported revenue of SGD 163,142,000 against SGD 146,477,000 a year ago. Profit from operations was SGD 58,194,000 against SGD 54,484,000 a year ago. Profit before taxation was SGD 53,980,000 against SGD 52,536,000 a year ago. Net profit attributable to equity holders of the company was SGD 47,593,000 against SGD 47,380,000 a year ago. Basic and diluted earnings per share were 11.834 cents against 11.781 cents a year ago. Net cash used in operating activities was SGD 9,453,000 against net cash generated from operating activities SGD 30,993,000 a year ago. Purchase of property, plant and equipment was SGD 18,183,000 against SGD 15,576,000 a year ago.