MIDLAND HOLDING 01200·

Gross margin ------------------------------------------------------------99.09%--98.58%0.51%99.18%0.60%99.51%0.33%99.62%0.10% Net margin ------------------------------------------------------------1.67%---17.14%18.81%-1.03%16.11%5.26%6.29%7.69%2.42% ROE ------------------------------------------------------------8.45%---78.04%86.49%-6.38%71.66%32.23%38.61%30.11%2.12% ROA ------------------------------------------------------------1.58%---13.96%15.54%-1.17%12.78%6.80%7.98%9.00%2.19% Revenue growth -----------------------------------------------------------------43.29%--32.96%76.25%52.28%19.32%-11.85%64.13% Attributable profit growth -----------------------------------------------------------------682.15%--92.04%774.19%880.92%788.88%28.70%852.21% Debt-to-assets ------------------------------------------------------------81.33%--82.11%0.79%81.59%0.53%78.89%2.69%70.13%8.77% Current ratio ------------------------------------------------------------1.10--1.090.011.090.001.200.101.360.16 Operating cash flow / net profit ------------------------------------------------------------7.48---0.117.59-12.9712.862.0114.981.280.73 Operating cash flow / revenue ------------------------------------------------------------12.50%--1.91%10.59%13.31%11.41%10.59%2.72%9.82%0.77%

Net margin 6.01%--8.52%2.51% Revenue growth ----31.52%-- Attributable profit growth ----86.33%-- Debt-to-assets ----68.21%-- Current ratio ----1.40--

Revenue ------------------------------------------------------------4.91B--2.78B43.29%3.70B32.96%5.63B52.28%4.97B11.85% Other income and gains ------------------------------------------------------------10.00M--12.15M21.51%4.77M60.73%-------- Gross profit ------------------------------------------------------------4.86B--2.74B43.58%3.67B33.78%5.61B52.79%4.95B11.75% Selling and distribution expenses ------------------------------------------------------------94.79M--104.55M10.29%93.44M10.63%87.90M5.93%91.55M4.15% Net finance costs ------------------------------------------------------------24.59M--29.79M21.17%26.26M11.85%25.53M2.81%15.25M40.24% Income tax ------------------------------------------------------------35.81M--48.98M36.79%11.52M76.49%46.87M307.02%67.17M43.32% Operating profit ------------------------------------------------------------123.42M---511.46M514.40%-16.22M96.83%356.14M2295.15%449.29M26.15% Share of associates and JVs ------------------------------------------------------------18.74M--15.14M19.19%12.54M17.16%7.66M38.95%12.95M69.19% Profit before tax ------------------------------------------------------------117.74M---525.96M546.71%-26.47M94.97%343.50M1397.71%448.95M30.70% Net profit ------------------------------------------------------------81.93M---476.98M682.15%-37.99M92.04%296.63M880.92%381.77M28.70% Net profit attributable to owners ------------------------------------------------------------81.93M---476.98M682.15%-37.99M92.04%296.63M880.92%381.77M28.70%

Revenue 2.52B--3.31B31.52% Other income and gains -229.00K---1.07M368.12% Cost of sales 966.75M--1.29B33.45% Net finance costs 8.97M--9.33M4.01% Income tax 26.24M--48.12M83.40% Operating profit 178.88M--328.13M83.43% Share of associates and JVs 6.48M--10.79M66.54% Profit before tax 177.63M--330.20M85.90% Net profit 151.39M--282.08M86.33% Net profit attributable to owners 151.39M--282.08M86.33%

Cash and cash equivalents ------------------------------------------------------------1.23B--402.57M67.30%482.24M19.79%658.53M36.56%902.73M37.08% Trade and bills receivables ------------------------------------------------------------3.11B--2.28B26.71%2.29B0.59%----3.25B-- Total current assets ------------------------------------------------------------4.36B--2.70B38.06%2.78B2.78%4.01B44.42%3.84B4.09% Total assets ------------------------------------------------------------5.19B--3.42B34.21%3.23B5.35%4.36B34.80%4.24B2.66% Total current liabilities ------------------------------------------------------------3.96B--2.47B37.54%2.53B2.45%3.34B31.97%2.83B15.30% Total liabilities ------------------------------------------------------------4.22B--2.81B33.57%2.64B5.95%3.44B30.35%2.98B13.48% Equity attributable to owners ------------------------------------------------------------969.83M--611.22M36.98%595.56M2.56%920.22M54.51%1.27B37.78% Total equity ------------------------------------------------------------969.83M--611.22M36.98%595.56M2.56%920.22M54.51%1.27B37.78%

Cash and cash equivalents ----1.28B-- Trade and bills receivables ----3.42B-- Total current assets ----4.70B-- Total assets ----5.10B-- Total current liabilities ----3.36B-- Total liabilities ----3.48B-- Equity attributable to owners ----1.62B-- Total equity ----1.62B--

Net cash from operating activities ------------------------------------------------------------613.12M--53.03M91.35%492.62M828.91%596.92M21.17%487.81M18.28% Net cash from investing activities -------------------------------------------------------------34.80M---8.96M74.24%49.54M652.67%-2.33M104.70%1.56M167.07% Net cash from financing activities -------------------------------------------------------------116.30M---983.42M745.56%-464.44M52.77%-428.11M7.82%-231.41M45.95% Net change in cash ------------------------------------------------------------462.02M---939.35M303.31%77.72M108.27%166.49M114.20%257.96M54.94%