Hiap Seng Engineering Ltd. announced unaudited group earnings results for the first quarter ended June 30, 2014. For the quarter, the group reported revenue of SGD 75,971,000 against SGD 54,592,000 a year ago. Profit from operations was SGD 1,148,000 against SGD 3,101,000 a year ago.

Profit before tax was SGD 1,262,000 against SGD 3,035,000 a year ago. Profit attributable to owner of the parent was SGD 1,052,000 against SGD 2,634,000 a year ago. Diluted earnings per share were 0.35 cents against 0.87 cents a year ago.

Net cash from operating activities was SGD 1,266,000 against net cash used in operating activities SGD 13,190,000 a year ago. Purchases of property, plant and equipment was SGD 980,000 against SGD 959,000 a year ago.