M Development Ltd. announced unaudited group earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of SGD 285,000 against SGD 2,000 a year ago. Loss before tax was SGD 1,201,000 against SGD 641,000 a year ago. Loss for the period was SGD 1,201,000 against SGD 641,000 a year ago. Loss for the period attributable to owners of the company was SGD 1,200,000 against SGD 639,000 a year ago. Loss per share was 0.06 cents against 0.03 cents a year ago. Net cash flows used in operating activities was SGD 98,000 against SGD 947,000 a year ago. The revenue in first half of 2018 was mainly derived from the trading activities. The increase in net loss was mainly due to higher professional fees.