Avi-Tech Electronics Limited reported unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2015. For the quarter, the company reported revenue of SGD 8,221,000 compared to SGD 5,847,000 a year ago. The revenue was mainly contributed by the burn-in boards and board manufacturing business segment. Profit before tax was SGD 700,000 compared to loss before tax of SGD 270,000 a year ago. Profit from continuing operations was SGD 546,000 or 0.18 cents per basic and fully diluted share compared to loss from continuing operations of SGD 273,000 or 0.08 cents per basic and fully diluted share a year ago. Profit attributable to owners of the company was SGD 259,000 or 0.08 cents per basic and fully diluted share compared to loss attributable to owners of the company of SGD 7,083,000 or 2.06 cents per diluted share a year ago. Net cash flows from operating activities were SGD 928,000 compared to SGD 586,000 a year ago. Additions to property, plant and equipment were SGD 848,000 compared to SGD 39,000 a year ago.

For the year, the company reported revenue of SGD 28,390,000 compared to SGD 22,995,000 a year ago. The revenue was mainly contributed by the Burn-in Boards and Board Manufacturing business segment, which registered higher revenue as compared to 2014. Profit before tax was SGD 3,868,000 compared to loss before tax of SGD 421,000 a year ago. Profit from continuing operations was SGD 3,722,000 or 1.11 cents per basic and fully diluted share compared to loss from continuing operations of SGD 539,000 or 0.016 cents per basic and fully diluted share a year ago. Profit attributable to owners of the company was SGD 6,550,000 or 1.91 cents per basic and fully diluted share compared to loss attributable to owners of the company of SGD 9,932,000 or 2.89 cents per diluted share a year ago. Net cash flows from operating activities were SGD 4,713,000 compared to net cash flows used in operating activities of SGD 37,000 a year ago. This was primarily due to profits generated during the year, which was partially offset by increase in trade and other receivables. Additions to property, plant and equipment was SGD 1,593,000 compared to SGD 399,000 a year ago. Basic and fully diluted earnings per share were 5.94 cents compared to 20.72 cents a year ago. On group basis, net assets per ordinary share at end of June 30, 2015 were 12.79 cents against 11.25 cents, as at June 30, 2014. On company basis, net assets per ordinary share at end of June 30, 2015 were 12.69 cents against 11.44 cents, as at June 30, 2014.