Hiap Seng Engineering Limited reported unaudited consolidated earnings results for the first quarter ended June 30, 2013. The company reported revenue of SGD 54,592,000, profit from operations of SGD 3,101,000, profit before tax of SGD 3,035,000, profit attributable to owners of the company of SGD 2,634,000 or 0.87 cents per fully diluted share against revenue of SGD 61,729,000, profit from operations of SGD 6,210,000, profit before tax of SGD 5,934,000, profit attributable to owners of the company of SGD 5,662,000 or 1.86 cents per fully diluted share a year ago. Net cash used in operating activities was SGD 13,190,000 against SGD 10,583,000 a year ago.

Purchases of property, plant and equipment was SGD 959,000 against SGD 1,140,000 a year ago. The group's revenue decreased mainly due to lower shut-down maintenance revenue in the first quarter of 2014.