Old Chang Kee Ltd. reported unaudited consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company's revenue was SGD 22,325,000 compared to SGD 20,568,000 a year ago. Profit before tax was SGD 1,618,000 compared to SGD 945,000 a year ago. Profit before tax and share of results of joint venture was SGD 1,618,000 compared to SGD 945,000 a year ago. Profit for the period was SGD 1,251,000 compared to SGD 671,000 a year ago. Net cash flow from operating activities was SGD 4,063,000 compared to SGD 1,528,000 a year ago. Purchase of property, plant and equipment was SGD 1,023,000 compared to SGD 2,650,000 a year ago. Fully diluted earnings per share were 1.03 cents compared to 0.55 cents a year ago. Net asset value per ordinary share based on total number of issued shares as at the end of the financial period reported on was SGD 0.24.

The company announced property, plant and equipment written off for the first quarter ended June 30, 2018. For the quarter, the company reported property, plant and equipment written off of SGD 2,000 against SGD 1,000 a year ago.