Spindex Industries Limited announced unaudited consolidated earnings results for the six months ended December 31, 2017. For the period, the company reported turnover was SGD 74,176,000 against SGD 68,664,000 a year ago. Profit from operations was SGD 6,445,000 against SGD 10,281,000 a year ago. Profit before tax was SGD 6,437,000 against SGD 10,208,000 a year ago. Net profit attributable to equity holders of the company was SGD 4,548,000 against SGD 7,901,000 a year ago. Net cash flows from operating activities was SGD 7,631,000 against SGD 14,327,000 a year ago. Purchase of property, plant and equipment was SGD 13,046,000 against SGD 7,194,000 a year ago. Earnings per ordinary share for the period on a fully diluted basis were 3.94 cents compared to 6.85 cents a year ago. Net tangible asset backing per ordinary share was 86.11 cents.