M Development Ltd. reported unaudited Group earnings results for the year ended December 31, 2016. For the year, revenue was SGD 527,000 against SGD 700,000 a year ago. Loss before tax from continuing operations was SGD 1,062,000 against SGD 915,000 a year ago. Loss for the period from continuing operations, net of tax was SGD 1,045,000 against SGD 964,000 a year ago. Loss for the year attributable to owners of the Company was SGD 1,022,000 against SGD 1,866,000 a year ago. Net cash flows used in operations was SGD 990,000 against net SGD 1,170,000 a year ago. Purchase of property, plant and equipment was SGD 1,000 compared to SGD 11,000 a year ago. Loss per share was 0.06 cents against 0.10 cents a year ago.