Sino Agro Food, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of USD 33.7 million compared to USD 70.6 million a year ago. Net income from operations was USD 2.4 million compared to USD 8.4 million a year ago. Net income before income taxes was USD 1.9 million compared to USD 8.1 million a year ago. Net income was USD 5.7 million compared to USD 10.8 million a year ago. Net income attributable to SIAF was USD 5.1 million or USD 0.17 per diluted share compared to USD 8.7 million or USD 0.36 per diluted share a year ago. Net cash used in operating activities was USD 5.6 million compared to net cash provided by operating activities of USD 12.6 million a year ago. Purchases of property and equipment were USD 2.4 million compared to USD 4.7 million a year ago. EBITDA was USD 5.6 million compared to USD 11.2 million a year ago. Net Debt was USD 11.5 million as on March 31, 2018 compared to USD 11.1 million as on December 31, 2017. Results reflect a reprioritization of businesses according to bottom line performance and guided by stricter cost control and capital expense rationale for each.