San Teh Ltd. announced unaudited group earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company's revenue was SGD 4.8 million compared with SGD 4.2 million a year ago. The increase was mainly because of higher revenue recorded in the PVC pipes and fittings operation. Loss before tax was SGD 0.58 million compared with SGD 1.98 million a year ago. Loss attributable to owners of the company was SGD 0.999 million or 0.29 cents per diluted share compared with SGD 2.36 million or 0.69 cents per diluted share a year ago. The decrease was principally due to effect of exchange differences. Net cash from operating activities was SGD 3.7 million compared with SGD 0.65 million a year ago. Purchase of property, plant and equipment was SGD 0.91 million compared with SGD 0.08 million a year ago.

For the six months, the company's revenue was SGD 8.2 million compared with SGD 7.5 million a year ago. Loss before tax was SGD 1.22 million compared with SGD 5.65 million a year ago. Loss attributable to owners of the company was SGD 1.78 million or 0.52 cents per diluted share compared with SGD 6.22 million or 1.82 cents per diluted share a year ago. Net cash from operating activities was SGD 0.41 million compared with SGD 3.5 million a year ago. Purchase of property, plant and equipment was SGD 0.92 million compared with SGD 0.06 million a year ago. As on June 30, 2017, the company's net asset value per ordinary share was SGD 0.55.

The company announced property, plant and equipment written off of SGD 6,000 for the second quarter ended June 30, 2017.