PNE Industries Ltd. reported unaudited consolidated earnings results for the half year ended March 31, 2016. For the six months period, the company’s revenue from continuing operations was SGD 35,510,000 against SGD 34,998,000 a year ago. Profit before tax was SGD 6,267,000 against SGD 6,189,000 a year ago. Profit for the period from continuing operations was SGD 5,155,000 against SGD 5,212,000 a year ago. Total profit for the period was SGD 5,460,000 against SGD 3,687,000 a year ago. Net cash from operating activities was SGD 8,201,000 against SGD 12,371,000 a year ago. Purchase of property, plant and equipment was SGD 563,000 against SGD 199,000 a year ago. Diluted earnings per diluted share from continuing operations were 6.15 cents against 6.21 cents a year ago. Revenue increased by SGD 0.5 million or 1.5% compared to the same period last year due mainly to higher revenue recorded by the Contract Manufacturing segment because of higher customer orders and the translation effect of the stronger United States Dollar. This is offset partially by lower revenue recorded by the Trading segment because of lower customer orders.