GOLDEN RES DEV 00677·

Gross margin ------------------------------------------------------------35.95%--38.25%2.30%38.82%0.57%38.22%0.61%38.64%0.43% Net margin ------------------------------------------------------------0.68%--6.07%5.39%5.34%0.73%-0.53%5.87%1.47%2.00% ROE ------------------------------------------------------------1.64%--10.47%8.83%8.10%2.37%-1.14%9.24%2.07%3.21% ROA ------------------------------------------------------------0.67%--6.60%5.94%5.32%1.28%-0.52%5.84%1.44%1.97% Revenue growth ----------------------------------------------------------------25.31%--4.19%21.13%10.66%6.47%-10.63%21.29% Attributable profit growth ----------------------------------------------------------------642.88%---14.01%656.90%-114.93%100.92%266.22%381.15% Debt-to-assets ------------------------------------------------------------34.72%--33.16%1.56%34.67%1.51%37.64%2.97%36.62%1.02% Current ratio ------------------------------------------------------------2.69--2.430.261.860.561.720.141.690.03 Operating cash flow / net profit ------------------------------------------------------------13.29--3.439.851.911.52-21.9823.898.4630.44 Operating cash flow / revenue ------------------------------------------------------------9.06%--20.84%11.78%10.20%10.64%11.64%1.44%12.44%0.80%

Revenue ------------------------------------------------------------1.44B--1.80B25.31%1.88B4.19%2.08B10.66%1.86B10.63% Other income and gains ------------------------------------------------------------40.33M--29.41M27.09%10.46M64.45%3.75M64.14%7.77M107.32% Cost of sales ------------------------------------------------------------------------1.28B--1.29B0.52% Gross profit ------------------------------------------------------------517.34M--689.74M33.32%729.34M5.74%794.50M8.93%717.96M9.63% Selling and distribution expenses ------------------------------------------------------------310.71M--352.96M13.60%412.24M16.80%492.99M19.59%470.45M4.57% Administrative expenses ------------------------------------------------------------196.87M--195.72M0.58%225.92M15.43%243.45M7.76%197.45M18.90% Net finance costs ------------------------------------------------------------67.31K--751.10K1015.82%353.55K52.93%3.00K99.15%42.38K1312.72% Income tax ------------------------------------------------------------17.94M--15.93M11.19%33.76M111.88%14.71M56.42%14.51M1.39% Operating profit ------------------------------------------------------------28.59M--126.80M343.58%134.98M6.45%4.70M96.52%41.45M782.03% Share of associates and JVs -------------------------------------------------------------762.35K---651.31K14.57%-485.00K25.53%-1.17M140.20%422.05K136.23% Profit before tax ------------------------------------------------------------27.76M--125.40M351.78%134.14M6.98%3.71M97.24%41.83M1028.91% Net profit ------------------------------------------------------------9.82M--109.47M1015.12%100.39M8.29%-11.01M110.96%27.32M348.26% Net profit attributable to owners ------------------------------------------------------------15.16M--112.65M642.88%96.86M14.01%-14.47M114.93%24.05M266.22%

Cash and cash equivalents ------------------------------------------------------------369.17M--472.92M28.10%318.40M32.67%356.96M12.11%357.48M0.15% Trade and bills receivables ------------------------------------------------------------71.24M--57.28M19.60%65.84M14.94%63.04M4.25%56.65M10.14% Inventories ------------------------------------------------------------150.58M--172.15M14.33%188.68M9.60%207.24M9.83%195.28M5.77% Total current assets ------------------------------------------------------------807.17M--786.30M2.59%677.77M13.80%744.02M9.78%720.83M3.12% Total assets ------------------------------------------------------------1.47B--1.66B12.71%1.89B13.81%2.10B11.33%1.89B9.83% Total current liabilities ------------------------------------------------------------300.29M--323.76M7.82%363.55M12.29%432.09M18.85%426.44M1.31% Total liabilities ------------------------------------------------------------510.62M--549.72M7.66%654.12M18.99%790.54M20.86%693.52M12.27% Equity attributable to owners ------------------------------------------------------------927.32M--1.08B16.04%1.20B11.19%1.27B5.86%1.16B8.33% Total equity ------------------------------------------------------------960.16M--1.11B15.40%1.23B11.24%1.31B6.27%1.20B8.36%

Net cash from operating activities ------------------------------------------------------------130.41M--375.76M188.13%191.56M49.02%241.90M26.28%231.07M4.47% Net cash from investing activities -------------------------------------------------------------7.54M---316.69M4098.36%1.29M100.41%-11.50M990.57%-47.92M316.85% Net cash from financing activities -------------------------------------------------------------132.02M---149.09M12.93%-175.46M17.69%-187.20M6.69%-169.47M9.47% Net change in cash -------------------------------------------------------------9.15M---90.01M883.68%17.39M119.32%43.20M148.43%13.68M68.34%