International Press Softcom Limited announced unaudited group earnings results for the six months ended June 30, 2018. For the six months, the company reported turnover of SGD 15,889,000 compared to SGD 16,008,000 a year ago. Other operating income was SGD 568,000 compared to SGD 491,000 a year ago. Loss before tax was SGD 2,280,000 compared to SGD 2,957,000 a year ago. Loss, net of tax was SGD 2,447,000 compared to SGD 3,058,000 a year ago. Loss attributable to owners of the company was SGD 2,352,000 compared to SGD 3,011,000 a year ago. Net cash flows used in operating activities was SGD 1,228,000 compared to SGD 2,056,000 a year ago. Purchase of fixed assets was SGD 386,000 compared to SGD 523,000 a year ago. Loss per ordinary share for the financial period attributable to owners of the company on full diluted basis was 0.54 cents compared to 0.69 cents a year ago. Net asset value per ordinary share based on the total number of issued shares excluding treasury shares was 10.28 cents. The decrease in turnover was largely due to the lacklustre demand for supply chain management. Net cash flows used in operating activities was largely due to the decrease in business activity and losses recorded by the group.