IPC Corporation Ltd. announced unaudited consolidated earnings results for the full year ended December 31, 2017. For the year, the company reported sales of SGD 4,070,000 as compared to SGD 3,920,000 for the same period last year. Loss before income tax was SGD 4,768,000 as compared to SGD 13,156,000 for the same period last year. Total loss was SGD 4,768,000 or 5.59 cents basic and diluted per share as compared to SGD 11,540,000 or 13.53 cents basic and diluted per share for the same period last year. Net cash used in operating activities was SGD 1,812,000 as compared to SGD 23,494,000 for the same period last year. Purchases of property, plant and equipment was SGD 49,000 as compared to SGD 96,000 for the same period last year. The increase in sales for the financial year under review compared to the previous financial year was mainly due to the increase in the sales revenue of Grand nest HOTEL zhuhai, China.