8Telecom International Holdings Co. Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of SGD 50,000. Loss from continuing operations was SGD 631,000 against SGD 526,000 a year ago. Total loss was SGD 631,000 against SGD 526,000 a year ago. Net cash used in operating activities was SGD 470,000 against SGD 722,000 a year ago. The change is due to the group is now investing funds into its operations, in search of new business. Purchase of property, plant and equipment of SGD 2,000. Basic and diluted loss per share was 0.56 cents against 0.01 cents a year ago. Net asset value per ordinary share was 4.33 cents against 3.87 cents a year ago. Loss before other losses was SGD 660,000 against SGD 526,000 a year ago.