Hupsteel Limited announced unaudited group earnings results for the first quarter ended September 30, 2017. For the quarter, the company reported revenue was SGD 12,805,000 against SGD 12,031,000 a year ago. Other operating income was SGD 301,000 against SGD 323,000 a year ago. Profit before tax was SGD 4,666,000 against loss before tax of SGD 183,000 a year ago. Total profit was SGD 4,659,000 against total loss of SGD 174,000 a year ago. Profit attributable to equity holders of the company was SGD 4,659,000 against loss attributable to equity holders of the company of SGD 174,000 a year ago. Basic and diluted earnings per share based on profit attributable to equity shareholders was 3.81 cents against basic and diluted loss per share based attributable to equity shareholders of 0.14 cents a year ago. Net cash provided by operating activities was SGD 759,000 against net cash used in operating activities of SGD 57,000 a year ago. Property, plant & equipment and investment properties was SGD 121,000 against SGD 12,000 a year ago. Net Asset Value per ordinary share of 139.01 cents against 134.91 cents a year ago.