M Development Ltd. reported unaudited group earnings results for the year ended December 31, 2017. For the period, the company reported revenue of SGD 388,000 against SGD 527,000 a year ago. Loss before tax was SGD 1,964,000 against SGD 1,062,000 a year ago. Loss for the year was SGD 1,957,000 against SGD 1,045,000 a year ago. Loss for the year attributable to owners of the company was SGD 1,955,000 against SGD 1,059,000 a year ago. Net cash flows used in operating activities was SGD 2,941,000 against SGD 990,000 a year ago. Loss per share was 0.10 cents against 0.06 cents a year ago. The revenue in full year of 2017 was mainly derived from the trading activities as compared to full year of 2016 where revenue was derived from interest income. Net asset value per ordinary share was 0.34 cents against 0.45 cents a year ago.