International Press Softcom Limited reported unaudited consolidated earnings results for the year ended December 31, 2017. For the period, the company reported turnover of SGD 32,799,000 against SGD 37,886,000 a year ago. Loss before tax was SGD 5,227,000 against SGD 2,770,000 a year ago. Loss attributable to owners of the company was SGD 5,341,000 or 1.22 cents per diluted share against SGD 2,478,000 or 0.56 cents per diluted share a year ago. Net cash flows used in operating activities was SGD 3,010,000 against net cash flows generated from operating activities SGD 3,621,000 a year ago. Purchase of fixed assets was SGD 1,121,000 against SGD 845,000 a year ago. Group's net asset value per ordinary share based on the total number of issued shares excluding treasury shares as at the respective financial year was 10.79 cents against 11.95 cents a year ago. Company's net asset value per ordinary share based on the total number of issued shares excluding treasury shares as at the respective financial year was 10.51 cents against 11.45 cents a year ago. The decrease in turnover was due to the Ceased Project and a result of lower demand for the group's supply chain management segment.