Hupsteel Limited announced unaudited group earnings results for the first quarter ended September 30, 2018. For the quarter, the company reported profit before tax was SGD 985,000 against SGD 4,666,000 a year ago. Total profit was SGD 973,000 against SGD 4,659,000 a year ago. Profit attributable to Equity holders of the company was SGD 973,000 against SGD 4,659,000 a year ago. Earnings per basic and diluted share based on profit attributable to equity shareholders were 0.80 cents against 3.81 cents a year ago. Net cash provided by operating activities was SGD 2,222,000 against SGD 759,000 a year ago. Property, plant & equipment and investment properties Purchases were SGD 185,000 against SGD 121,000 a year ago. Net Asset Value per ordinary share was 135.46 cents. Revenue was SGD 15,318,000 against SGD 12,700,000 a year ago.