8Telecom International Holdings Co. Ltd. reported unaudited consolidated earnings results for first quarter ended March 31, 2017. For the period, the company’s loss before income tax was SGD 526,000 against SGD 119,000 a year ago. Loss for the period, representing total comprehensive income for the period was SGD 526,000 against profit of SGD 204,000 a year ago. Total comprehensive loss attributable to equity shareholders of the company was SGD 393,000 against profit of SGD 204,000 a year ago. Basic loss per share from continuing operations was 0.01 cents against 0.13 cents a year ago. Net cash used in operating activities was SGD 722,000 against net cash from operations of SGD 8,749,000 a year ago. The change in cash flows was due to the disposal of the discontinued operations and partially offset by the administrative expenses of Arete M as the Group consolidated Arete M's results since 1 August 2016.