MYP Ltd. reported unaudited consolidated earnings results for the second quarter and first half ended September 30, 2017. For the quarter, the company reported revenue SGD 6,960,000 against SGD 2,667,000 a year ago. Results from operating activities were SGD 4,881,000 against SGD 1,551,000 a year ago. Profit before taxation was SGD 624,000 against SGD 84,000 a year ago. Profit for the period attributable to the owners of the company was SGD 489,000 or 0.03 cents per basic and diluted share against SGD 9,000 or 0.001 cents per basic and diluted share a year ago. Net cash generated from operating activities was SGD 4,235,000 against net cash used in operating activities of SGD 15,702,000 a year ago. The group's revenue for second quarter of fiscal year 2018 grew by 161.0% compared to the corresponding period in fiscal year 2017. The increase is mainly contributed by rental income from the investment property acquired by a subsidiary, Salveur Pte Ltd. in fourth quarter of fiscal year 2017. The group's operating profits increased significantly in second quarter of fiscal year 2018 and first half fiscal year 2018. This is mainly contributed by Salveur. Group's net profit increased by approximately SGD 0.5 million as compared to second quarter of fiscal year 2017. This increase is mainly contributed by Salveur. For the first half, the company reported revenue SGD 13,957,000 against SGD 5,338,000 a year ago. Results from operating activities were SGD 9,702,000 against SGD 3,138,000 a year ago. Loss before taxation was SGD 1,164,000 against profit of SGD 144,000 a year ago. Loss for the period attributable to the owners of the company was SGD 1,412,000 or 0.09 cents per basic and diluted share against profit of SGD 4,000 or 0.0004 cents per basic and diluted share a year ago. Net cash generated from operating activities was SGD 8,243,000 against net cash used in operating activities of SGD 14,114,000 a year ago. Purchase of plant and equipment was SGD 15,000. Group net profit for the first half fiscal year 2018 decreased significantly by approximately (SGD 1.4 million) as compared with the same period of fiscal year 2017, mainly due to higher finance costs.