San Teh Ltd. declared first and final tax exempt (1-tier) dividend of 0.3 cent per ordinary share for the year ended December 31, 2016 against 0.3 cents in 2015.

The company announced audited earnings results for the year ended December 31, 2016. For the period, the revenue was SGD 14,862,000 against SGD 20,168,000 a year ago. Loss before income tax was SGD 8,029,000 against SGD 6,251,000 a year ago. Loss for the year was SGD 8,998,000 against SGD 6,927,000 a year ago. Loss attributable to owners of the company was SGD 9,304,000 or 2.72 cents diluted per share against SGD 7,501,000 or 2.19 cents diluted per share a year ago. Net cash generated from operating activities was SGD 10,284,000 against net cash used in operating activities was SGD 801,000 a year ago. Purchase of property, plant and equipment was SGD 195,000 against SGD 471,000 a year ago.