Koufu Group Limited announced unaudited group earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported revenue of SGD 57.6 million against SGD 55.6 million a year ago. Results from operating activities were SGD 5.51 million against SGD 8.1 million a year ago. Profit before tax was SGD 5.64 million against SGD 8.5 million a year ago. Profit for the period was SGD 4.7 million against SGD 7.1 million a year ago. Basic and fully diluted EPS was 0.86 cents against 1.47 cents a year ago. Profit before tax was SGD 5,637,000 against SGD 8,492,000 a year ago.

For the nine months, the company reported revenue of SGD 166.8 million against SGD 162.52 million a year ago. Results from operating activities were SGD 20.1 million against SGD 22.4 million a year ago. Profit before tax was SGD 20.3 million against SGD 23.5 million a year ago. Profit for the period was SGD 16.95 million against SGD 19.61 million a year ago. Basic and fully diluted EPS was 3.38 cents against 4.06 cents a year ago. Profit before tax was SGD 20,294,000 against SGD 23,480,000 a year ago.

For the third quarter of 2018, the company reported write off of property, plant and equipment of SGD 136,000.