World Class Global Limited reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported profit before tax of SGD 2,555,000 and profit for the period attributable to owners of the company of SGD 1,243,000 or 0.14 cents per diluted share against loss before tax of SGD 4,756,000 and loss for the period attributable to owners of the company of SGD 4,797,000 or 0.59 cents per diluted share for the same period of last year. Revenue was SGD 80,041,000. Profit before tax was SGD 2,555,000 compared to loss of SGD 4,756,000 a year ago. Profit for the period was SGD 1,208,000 compared to loss of SGD 4,847,000 a year ago. Net cash flows used in operating activities was SGD 35,418,000 against SGD 66,128,000 for the same period of last year. Purchase of plant and equipment was SGD 104,000 against SGD 1,000 for the same period of last year. Net cash used in operating activities was mainly from the (i) increase in trade and other receivables and development properties of SGD 7.5 million and SGD 3.0 million, respectively; (ii) decrease in trade and other payables of SGD 8.1 million; and (iii) interest expenses paid of SGD 19.8 million, partially offset with interest received of SGD 1.3 million. For the six months, the company reported profit before tax of SGD 4,295,000 and profit for the period attributable to owners of the company of SGD 1,584,000 or 0.17 cents per diluted share against loss before tax of SGD 2,762,000 and loss for the period attributable to owners of the company of SGD 2,911,000 or 0.36 cents per diluted share for the same period of last year. Revenue was SGD 160,751,000. Profit before tax was SGD 4,295,000 compared to loss of SGD 2,762,000 a year ago. Profit for the period was SGD 1,539,000 compared to loss of SGD 2,982,000 a year ago. Net cash flows used in operating activities was SGD 29,211,000 against SGD 106,341,000 for the same period of last year. Purchase of plant and equipment was SGD 113,000 against SGD 6,000 for the same period of last year. Net cash used in operating activities was mainly from the increase in trade and other receivables and development properties of SGD 8.7 million and SGD 4.4 million, respectively, as well as interest expenses and income taxes paid of SGD 25.3 million, partially offset with the increase in trade and other payables of SGD 1.1 million and interest received of SGD 1.7 million.