MTD ACPI Engineering Berhad announced unaudited consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue of MYR 54,796,000 against MYR 51,142,000 a year ago. Loss before tax was MYR 4,426,000 against MYR 3,825,000 a year ago. Loss attributable to owners of the parent was MYR 4,234,000 or 1.83 sen per basic share against MYR 3,869,000 or 1.67 sen per basic share a year ago. Net cash flows used in operating activities was MYR 2,619,000 against net cash flows generated from operating activities of MYR 7,929,000 a year ago. Purchase of property, plant and equipment was MYR 279,000 against MYR 1,451,000 a year ago. The lower revenue recorded in the current quarter under review due to lower progress billing in the MRT Line 1, Package V7 Project, which is in the finalization stage. The pre-tax loss recorded in current quarter was mainly due to lower revenue recorded in both Construction and Manufacturing divisions, increase in material costs and other operating expenses, and includes adjustments under MFRS 9 ­ Financial Instruments and MFRS 15 ­ Revenue from Contracts with Customers.