Sinwa Limited reported unaudited consolidated earnings result for the year ended December 31, 2017. For the year, the company reported revenue of SGD 172,594,000 against SGD 152,209,000 a year ago. Profit before income tax was SGD 11,291,000 against loss before income tax of SGD 8,058,000 a year ago. Profit for the year was SGD 9,513,000 or 2.79 cents per basic and diluted share against loss for the year of SGD 9,505,000 or 2.79 cents per basic and diluted share a year ago. Net cash from operating activities was SGD 8,224,000 against SGD 15,015,000 a year ago. Purchase of property, plant and equipment were SGD 5,476,000 against SGD 7,577,000 a year ago. Net asset value per issued ordinary shares was 24.32 cents as on December 31, 2017 against 21.88 as on December 31, 2016. The increase in revenue was mainly attributed by higher sales from the marine and offshore supply business in Singapore, Australia and Thailand operations.