Isetan (Singapore) Limited reported unaudited consolidated earnings results for the third quarter ended September 30, 2015. For the quarter, the company reported sales of SGD 68,713,000 compared to SGD 79,948,000 a year ago. Loss before income tax was SGD 6,481,000 compared to SGD 2,930,000 a year ago.

Loss attributable to equity holders of the company was SGD 6,149,000 compared to SGD 2,930,000 a year ago. Net cash used in operating activities was SGD 3,642,000 compared to SGD 3,798,000 a year ago. Payments for property, plant and equipment were SGD 1,699,000 compared to SGD 780,000 a year ago.

Losses per ordinary share on fully diluted basis were 14.91 cents compared to 7.10 cents a year ago. The ceasing of retail operations at Isetan Orchard since end March 2015 to prepare the store space for renting out had a negative impact on the group's sales for third quarter of 2015. Under cash flows from operating activities, the losses incurred contributed mainly to the net outflow of cash in third quarter of 2015.