Y&G Corporation Bhd announced consolidated unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of MYR 16,688,000 as compared to MYR 23,385,000 a year ago. Profit from operations was MYR 2,406,000 as compared to MYR 2,058,000 a year ago. Profit before tax was MYR 2,502,000 as compared to MYR 2,174,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 1,508,000 as compared to MYR 1,020,000 a year ago. Diluted earnings per share was 0.57 sen as compared to 0.38 sen a year ago. Net cash flows used in operating activities was MYR 1,078,000 as compared to net cash flows generated from operating activities of MYR 1,049,000 a year ago. Acquisition of property, plant and equipment was MYR 6,000. The decrease in revenue was mainly attributable to weak market condition and fewer on-going development projects as several development projects were completed or near completion towards the end of the preceding year 2017. The relatively lower profit before tax was primarily due to the lower revenue as above-mentioned and also caused by the relatively higher development margin in the immediate preceding fourth quarter of fiscal 2017.