Sanichi Technology Berhad reported unaudited consolidated earnings results for first quarter ended March 31, 2018. For the quarter, the company reported revenue of MYR 9,065,000 compared to MYR 3,502,000 a year ago. Loss from operations was MYR 248,000 compared to MYR 2,200,000 a year ago. Loss before taxation was MYR 334,000 compared to MYR 2,240,000 a year ago. Loss attributable to owners of the parent was MYR 344,000 or 0.10 sen per basic and diluted share compared to MYR 2,367,000 or 0.28 sen basic per basic and diluted share a year ago. Net cash from operating activities was MYR 4,985,000 compared to net cash used in operating activities of MYR 19,052,000 a year ago. Purchase of plant and equipment was MYR 11,107,000 compared to MYR 5,066,000 a year ago.

For the year ending December 31, 2018 the company expects group's performance to be satisfactory.