Singapore Myanmar Investco Limited announced unaudited consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue of $4,815,000 against $6,036,000 for the same period a year ago. This was mainly attributable to the continued sell-in for retail so that keep tight control on stocks in Myanmar and delays to shipments of construction equipment. Loss before income tax from continuing operations was $626,000 against $860,000 for the same period a year ago. Loss net of tax, attributable to equity holders of the company was $746,000 against $2,486,000 for the same period a year ago. Net cash flows used in operating activities was $1,213,000 against $480,000 for the same period a year ago. Purchase of property, plant and equipment was $247,000 against $1,217,000 for the same period a year ago. Purchase of intangible assets was $302,000 against $20,000 for the same period a year ago. Basic and diluted loss per share was 0.24 cents against 0.97 cents for the same period a year ago. Basic and diluted loss per share from continuing operations was 0.22 cents against 0.31 cents for the same period a year ago. Net asset value per ordinary share as on June 30, 2018 was 9.47 cents against 9.72 cents as on March 31, 2018.