International Press Softcom Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported turnover of SGD 37,886,186 as compared to SGD 49,975,087 for the same period last year. Loss before tax was SGD 2,769,920 as compared to SGD 41,463 for the same period last year. Loss, net of tax was SGD 2,748,246 as compared to SGD 445,013 for the same period last year. Loss attributable to owners of the company was SGD 2,477,692 or basic and diluted earnings per share of 0.56 cents as compared to SGD 442,230 or basic and diluted earnings per share of 0.10 cents for the same period last year. Net cash flows generated from operating activities was SGD 3,621,072 as compared to net cash flows used in operating activities of SGD 308,719 for the same period last year. Purchase of fixed assets was SGD 844,647 as compared to SGD 2,192,590 for the same period last year.