Sinwa Limited announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of SGD 43,470,000 as compared to SGD 44,417,000 a year ago. The increase in revenue was mainly due to higher sales from the marine and offshore supply businesses in Australia and Thailand. Profit before income tax was SGD 3,394,000 as compared to SGD 2,752,000 a year ago. Profit attributable to owners of the company was SGD 2,933,000 as compared to SGD 2,047,000 a year ago. Net cash from operating activities was SGD 5,374,000 as compared to net cash used in operating activities of SGD 1,668,000 a year ago. This was mainly due to higher profit from the operation as well as improve debtor collection. Purchase of property, plant and equipment was SGD 132,000 as compared to SGD 330,000 a year ago. Basic and diluted earnings per share were 0.86 cents as compared to 0.60 cents a year ago. For the six months, the company reported revenue of SGD 89,274,000 as compared to SGD 84,204,000 a year ago. Profit before income tax was SGD 6,036,000 as compared to SGD 5,566,000 a year ago. Profit attributable to owners of the company was SGD 5,087,000 as compared to SGD 4,343,000 a year ago. Basic and diluted earnings per share were 1.49 cents as compared to 1.27 cents a year ago. Net cash from operating activities was SGD 6,507,000 as compared to SGD 3,247,000 a year ago.  Purchase of property, plant and equipment was SGD 463,000 as compared to SGD 1,000,000 a year ago.