World Class Global Limited reported unaudited consolidated earnings results for third quarter and nine months ended September 30, 2018. For the quarter, the company's revenue was SGD 236,078,000. Profit for the period was SGD 21,676,000 against loss for the period of SGD 1,794,000 a year ago. Basic earnings per share were 2.37 cents against basic loss per share of 0.20 cents a year ago.

For the nine months, the company's revenue was SGD 396,829,000. Profit for the period was SGD 23,215,000 against loss for the period of SGD 4,776,000 a year ago. Basic earnings per share were 2.54 cents against basic loss per share of 0.55 cents a year ago.

Barring unforeseen circumstances and major depreciation of Malaysian and Australian currencies, the Group expects to be profitable in fiscal year 2018. Going forward, the Group expects to make substantial profits from its Australia 108 project in Australia. The Australia 108 project is expected to contribute significantly to the Group's revenue and profitability for fiscal year 2018 to fiscal year 2020 due to the following reasons: the Group has locked in about SGD 680 million of unbilled contracts from Australia 108 project; the Group expects the profit margin of the subsequent stages of Australia 108 project to be higher than the earlier ones as the average sales per square metre rate for higher floors are better than those for the lower ones; and the Group expects to book revenue and profit from Australia 108 project progressively as the construction completes progressively from 2018 to 2020.