K. WAH INT'L 00173·

Gross margin ------------------------------------------------------------34.29%--30.34%3.95%33.07%2.73%18.92%14.15%0.23%18.69% Net margin ------------------------------------------------------------21.21%--16.22%4.99%13.80%2.42%5.14%8.67%-43.47%48.61% ROE ------------------------------------------------------------7.64%--3.13%4.51%1.90%1.23%0.84%1.06%-2.17%3.00% ROA ------------------------------------------------------------4.38%--1.86%2.52%1.16%0.70%0.56%0.61%-1.31%1.86% Revenue growth -----------------------------------------------------------------40.76%---29.59%11.16%20.35%49.94%-73.06%93.41% Attributable profit growth -----------------------------------------------------------------55.31%---40.70%14.60%-57.32%16.61%-353.03%295.72% Debt-to-assets ------------------------------------------------------------42.40%--39.14%3.26%37.80%1.33%36.78%1.02%36.45%0.33% Current ratio ------------------------------------------------------------2.69--2.130.572.700.572.740.042.380.36 Operating cash flow / net profit ------------------------------------------------------------2.15--3.191.040.852.358.878.030.318.57 Operating cash flow / revenue ------------------------------------------------------------45.69%--51.82%6.12%11.70%40.12%45.57%33.87%-13.39%58.96%

Gross margin 34.79%--17.09%17.70% Net margin 10.69%--6.09%4.60% Revenue growth ----368.84%-- Attributable profit growth -----30.65%-- Debt-to-assets ----30.16%-- Current ratio ----3.12--

Revenue ------------------------------------------------------------13.26B--7.86B40.76%5.53B29.59%6.66B20.35%1.79B73.06% Other income and gains ------------------------------------------------------------270.47M--477.40M76.51%450.82M5.57%564.61M25.24%485.87M13.95% Gross profit ------------------------------------------------------------4.55B--2.38B47.58%1.83B23.26%1.26B31.14%4.10M99.67% Administrative expenses ------------------------------------------------------------538.44M--512.46M4.83%551.57M7.63%511.75M7.22%408.89M20.10% Net finance costs ------------------------------------------------------------29.53M--54.51M84.59%316.70M480.94%409.34M29.25%329.74M19.45% Income tax ------------------------------------------------------------1.35B--573.09M57.54%586.06M2.26%312.32M46.71%337.62M8.10% Operating profit ------------------------------------------------------------4.18B--1.95B53.28%1.55B20.49%1.05B32.21%343.75M67.37% Share of associates and JVs ------------------------------------------------------------8.21M---52.62M741.24%112.09M313.03%10.09M91.00%-455.81M4616.11% Profit before tax ------------------------------------------------------------4.16B--1.85B55.61%1.35B26.96%654.11M51.52%-441.80M167.54% Net profit ------------------------------------------------------------2.81B--1.27B54.69%763.25M40.10%341.79M55.22%-779.42M328.04% Net profit attributable to owners ------------------------------------------------------------2.74B--1.23B55.31%726.93M40.70%310.29M57.32%-785.13M353.03%

Revenue 1.05B--4.93B368.84% Other income and gains 277.23M--283.03M2.09% Cost of sales 686.05M--4.09B496.08% Gross profit 366.00M--842.97M130.32% Administrative expenses 230.63M--233.79M1.37% Net finance costs 198.32M--259.48M30.84% Income tax 109.81M--194.78M77.38% Share of associates and JVs -23.04M--39.23M270.28% Profit before tax 222.26M--495.14M122.78% Net profit 112.44M--300.36M167.11% Net profit attributable to owners 113.90M--78.98M30.65%

Cash and cash equivalents ------------------------------------------------------------6.65B--------------6.47B-- Trade and bills receivables ------------------------------------------------------------480.51M--430.68M10.37%542.21M25.90%466.64M13.94%549.88M17.84% Inventories ------------------------------------------------------------1.11M--1.24M10.94%1.13M8.38%830.66K26.61%876.12K5.47% Total current assets ------------------------------------------------------------30.86B--28.65B7.18%30.30B5.76%27.84B8.10%23.41B15.92% Total assets ------------------------------------------------------------64.18B--68.46B6.66%65.71B4.02%61.46B6.46%59.70B2.87% Total current liabilities ------------------------------------------------------------11.45B--13.46B17.49%11.22B16.65%10.16B9.44%9.85B3.06% Total liabilities ------------------------------------------------------------27.21B--26.79B1.54%24.84B7.29%22.61B8.98%21.76B3.75% Equity attributable to owners ------------------------------------------------------------35.89B--39.18B9.15%38.36B2.09%37.11B3.24%36.22B2.41% Total equity ------------------------------------------------------------36.97B--41.66B12.70%40.87B1.91%38.85B4.93%37.94B2.36%

Cash and cash equivalents ----7.29B-- Trade and bills receivables ----635.78M-- Inventories ----1.51M-- Total current assets ----23.46B-- Total assets ----59.89B-- Total current liabilities ----7.51B-- Total liabilities ----18.07B-- Equity attributable to owners ----39.63B-- Total equity ----41.83B--

Net cash from operating activities ------------------------------------------------------------6.06B--4.07B32.82%646.99M84.10%3.03B368.82%-240.04M107.91% Net cash from investing activities -------------------------------------------------------------161.58M---2.13B1218.46%-534.36M74.92%37.68M107.05%-272.36M822.87% Net cash from financing activities -------------------------------------------------------------5.64B---2.68B52.58%-419.92M84.30%-1.67B298.59%-1.21B27.74% Net change in cash ------------------------------------------------------------256.40M---735.14M386.72%-307.29M58.20%1.40B554.68%-1.72B223.24%