Hupsteel Limited announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2018. For the third quarter, the company's revenue was SGD 18,914,000 against SGD 11,486,000 a year ago. The higher turnover was mainly due to increase in project sales following pick up in customers' activities after the December and Chinese New Year holidays. Profit before tax was SGD 958,000 against SGD 250,000 a year ago. Profit attributable to equity holders of the company was SGD 758,000 or 0.62 cents per basic and diluted share against SGD 243,000 or 0.20 cents per basic and diluted share a year ago. Net cash used in operating activities was SGD 6,883,000 against net cash provided by operating activities of SGD 1,129,000 a year ago. Purchases of property, plant & equipment was SGD 103,000 against SGD 80,000 a year ago. For the nine months, the company's revenue was SGD 41,996,000 against SGD 35,624,000 a year ago. Profit before tax was SGD 3,558,000 against SGD 542,000 a year ago. Profit attributable to equity holders of the company was SGD 3,344,000 or 2.74 cents per basic and diluted share against SGD 537,000 or 0.44 cents per basic and diluted share a year ago. Net cash used in operating activities was SGD 3,099,000 against net cash provided by operating activities of SGD 3,613,000 a year ago. Purchases of property, plant & equipment was SGD 1,198,000 against SGD 114,000 a year ago.