International Press Softcom Limited reported unaudited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported turnover of SGD 37,886,000 against SGD 49,975,000 a year ago. Loss before tax was SGD 2,770,000 against SGD 42,000 a year ago. Loss attributable to owners of the company was SGD 2,478,000 or 0.56 cents per diluted share against SGD 442,000 or 0.10 cents per diluted share a year ago. Net cash flows generated from operating activities was SGD 3,557,000 against net cash flows used in operating activities SGD 309,000 a year ago. Purchase of fixed assets was SGD 845,000 against SGD 2,192,000 a year ago. The group's turnover fell 24.2%, year-on-year to SGD 37.9 million mainly due to the cessation of a supply chain project to a major customer and weaker performance in the existing supply chain management segment.