P99 Holdings Limited announced unaudited consolidated earnings results for the full year ended December 31, 2015. For the period the company announced loss before income tax of SGD 1,580,000 compared to profit before income tax of SGD 1,765,000 a year ago. Loss for the financial year was SGD 1,580,000 compared to profit for the financial year of SGD 1,765,000 a year ago.

Net cash used in operating activities was SGD 683,000 compared to SGD 1,174,000 a year ago, due to repayments of exchangeable loan from Techwin Group Limited and settlement received for profit warranty receivable whereas there was no similar transaction in the fiscal year 2015. Diluted LPS was SGD 0.73 compared to EPS of SGD 0.82 a year ago.