Raffles United Holdings Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company's revenue was SGD 39,171,000 against SGD 37,732,000 a year ago. Profit before tax was SGD 1,069,000 against SGD 247,000 a year ago. Profit for the period was SGD 755,000 against SGD 125,000 a year ago. Profit attributable to owners of the company was SGD 578,000 against SGD 11,000 a year ago. Net cash flows generated from operating activities was SGD 5,570,000 against SGD 6,045,000 a year ago. Purchase of plant and equipment was SGD 150,000 against SGD 52,000 a year ago. On a fully diluted basis profit was 0.247 cents against 0.005 cents a year ago.

Barring unforeseen circumstances, the Directors expect the performance of the Group for the financial year 2017 to remain profitable.