Sinwa Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year the company reported revenue of SGD 172,594,000 against SGD 152,209,000 a year ago. Profit before income tax was SGD 11,291,000 against loss before income tax of SGD 8,058,000 a year ago. Profit attributable to owners of the company was SGD 9,513,000 or 2.79 cents per basic and diluted share against loss attributable to owners of the company of SGD 9,505,000 or 2.79 cents per basic and diluted share a year ago. Net cash from operating activities was SGD 8,225,000 against SGD 14,596,000 a year ago. Purchase of property, plant and equipment were SGD 5,377,000 against SGD 7,158,000 a year ago. The Group achieved record revenue growth by 13.4% year-on-year, mainly due to increased sales from the marine offshore supply business in Singapore, Australia and Thailand operations.