SLB Development Ltd. announced unaudited consolidated earnings results for the year ended May 31, 2018. For the year, the company reported profit before taxation was SGD 1,905,000 against SGD 19,645,000 a year ago. Profit attributable to owners of the company was SGD 3,872,000 against SGD 15,847,000 a year ago. Net cash flows used in operating activities was SGD 18,121,000 against net cash flows from operating activities of SGD 10,559,000 a year ago. Purchase of property, plant and equipment was SGD 41,000. Earnings per diluted share were 0.55 Singapore cents in full year 2018, compared to 2.35 Singapore cents in the full year 2017. Net asset value per ordinary share was 15.47 cents compared to 18.08 cents in the full year 2017.