Koon Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of SGD 71,578,000 against SGD 81,764,000 a year ago. Profit before income tax was SGD 1,094,000 against SGD 371,000 a year ago. Profit attributable to the owners of the company was SGD 232,000 against SGD 193,000 a year ago. Earnings per basic and diluted share were 0.09 cents against 0.07 cents a year ago. Net cash flows from operating activities were SGD 4,013,000 against SGD 48,000 a year ago. Purchase of property, plant and equipment was SGD 204,000 against SGD 75,000 a year ago. Net tangible assets per ordinary share were 23.66 cents against 23.53 cents a year ago. The decrease in revenue was mainly attributed to lower revenue recorded by Construction division, Precast division and Electric Power Generation Division. Profit for the period was SGD 337,000 against SGD 124,000 a year ago. Due to higher gross profit and other income, partially offset by higher administrative and other expenses, higher share of losses of joint ventures/associate, the group recorded higher earnings in first half of 2018 as compared to earnings of first half of 2017.