HWA TAI Industries Bhd announced consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of MYR 15,420,000 compared to MYR 16,740,000 a year ago. Profit before taxation was MYR 67,000 compared to MYR 172,000 a year ago. This was mainly due to lower sales recorded from International and East Malaysia markets in current quarter. Loss for the period was MYR 83,000 compared to profit for the period of MYR 85,000 a year ago. Loss attributable to ordinary equity holders of the parent was MYR 84,000 or 0.11 sen per basic share compared to profit attributable to ordinary equity holders of the parent of MYR 85,000 or 0.11 sen per basic share a year ago. Net cash flows used in operating activities was MYR 1,125,000 compared to MYR 2,296,000 a year ago. Purchase of property, plant and equipment was MYR 663,000 compared to MYR 291,000 a year ago.