GPS Alliance Holdings Limited reported consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of SGD 421,000 against SGD 2,288,000 a year ago. Loss before income tax was SGD 4,002,000 against profit before income tax of SGD 2,856,000 a year ago. Profit from continuing operations was SGD 3,874,000 or 4.51 cents basic and diluted per share against profit from continuing operations of SGD 2,856,000 or 3.48 cents basic and diluted per share a year ago. Loss for the year attributable to owners of the company was SGD 2,743,000 against profit for the year attributable to owners of the company of SGD 3,310,000 a year ago. Total comprehensive loss attributable to owners of the company was SGD 2,731,000 against total comprehensive income attributable to owners of the company of SGD 3,120,000 a year ago. Basic and diluted loss per share was 4.51 cents compared to basic and diluted earnings per share of 2.38 cents a year ago. Net cash used in operating activities was SGD 1,538,000 against SGD 1,318,000 a year ago. Purchase of property, plant and equipment was SGD 580,000 against SGD 175,000 a year ago. Net tangible assets per ordinary shares was 0.88 cents compared to 3.90 cents a year ago.