LERADO FIN 01225·

Gross margin ------------------------------------------------------------68.59%--66.61%1.98%68.95%2.34%62.55%6.41%43.86%18.68% Net margin -------------------------------------------------------------30.63%---168.46%137.83%-145.96%22.50%-110.84%35.11%70.54%181.38% ROE -------------------------------------------------------------6.23%---53.89%47.66%-65.21%11.32%-69.80%4.59%24.82%94.62% ROA -------------------------------------------------------------3.25%---21.85%18.60%-20.29%1.56%-21.13%0.84%13.75%34.88% Revenue growth ----------------------------------------------------------------10.75%---11.02%21.77%-16.06%5.05%-27.18%11.11% Attributable profit growth -----------------------------------------------------------------510.34%--22.76%533.10%36.29%13.52%146.35%110.06% Debt-to-assets ------------------------------------------------------------48.02%--59.54%11.52%68.90%9.36%69.78%0.88%44.60%25.18% Current ratio ------------------------------------------------------------11.29--8.053.243.045.001.471.572.110.63 Operating cash flow / net profit ------------------------------------------------------------1.18---0.191.370.060.25-2.052.123.425.48 Operating cash flow / revenue -------------------------------------------------------------36.19%--31.80%67.99%-8.90%40.70%227.73%236.62%241.51%13.78%

Gross margin 70.81%--23.25%47.56% Net margin 54.13%--27.24%26.90% Revenue growth -----60.31%-- Attributable profit growth -----80.00%-- Debt-to-assets ----42.54%-- Current ratio ----2.21-- Operating cash flow / net profit 5.44--0.734.71 Operating cash flow / revenue 294.40%--19.84%274.56%

Revenue ------------------------------------------------------------176.02M--194.95M10.75%173.47M11.02%145.61M16.06%106.04M27.18% Other income and gains ------------------------------------------------------------2.33M--8.65M271.46%6.01M30.52%4.22M29.85%3.37M20.14% Gross profit ------------------------------------------------------------120.74M--129.86M7.55%119.62M7.89%91.07M23.86%46.51M48.93% Selling and distribution expenses ------------------------------------------------------------4.19M--8.08M92.66%9.32M15.36%16.17M73.60%6.41M60.38% Administrative expenses ------------------------------------------------------------46.58M--45.35M2.63%31.64M30.24%51.77M63.62%49.06M5.24% Net finance costs ------------------------------------------------------------50.45M--62.93M24.73%47.41M24.66%26.09M44.96%7.94M69.58% Income tax ------------------------------------------------------------35.97K--19.72M54711.32%1.04M94.71%806.58K22.74%564.51K30.01% Operating profit -------------------------------------------------------------1.43M---246.23M17079.54%-196.14M20.34%-136.11M30.61%82.17M160.37% Share of associates and JVs ------------------------------------------------------------461.94K--473.43K2.49%-8.60M1915.95%-------- Profit before tax -------------------------------------------------------------51.42M---308.68M500.29%-252.15M18.31%-162.20M35.67%74.23M145.76% Net profit -------------------------------------------------------------53.91M---328.40M509.21%-253.19M22.90%-161.40M36.26%74.79M146.34% Net profit attributable to owners -------------------------------------------------------------53.72M---327.90M510.34%-253.26M22.76%-161.36M36.29%74.79M146.35%

Revenue 91.00M--36.12M60.31% Other income and gains 26.35M--2.31M91.22% Cost of sales 26.57M--27.72M4.36% Gross profit 64.44M--8.40M86.97% Selling and distribution expenses 3.33M--1.78M46.63% Administrative expenses 29.72M--17.30M41.81% Net finance costs 3.24M--1.33M58.88% Income tax 277.00K--0100.00% Profit before tax 49.54M--9.84M80.14% Net profit 49.26M--9.84M80.03% Net profit attributable to owners 49.26M--9.85M80.00%

Cash and cash equivalents ------------------------------------------------------------129.94M--164.47M26.58%122.89M25.28%100.20M18.47%69.08M31.05% Trade and bills receivables ----------------------------------------------------------------95.18M--136.47M43.39%106.88M21.68%94.27M11.81% Inventories ------------------------------------------------------------23.09M--12.47M45.99%11.66M6.48%7.78M33.31%5.93M23.77% Total current assets ------------------------------------------------------------1.58B--1.43B9.65%1.18B17.27%698.90M40.72%486.36M30.41% Total assets ------------------------------------------------------------1.66B--1.50B9.49%1.25B16.98%763.72M38.80%543.94M28.78% Total current liabilities ------------------------------------------------------------139.77M--177.15M26.75%387.46M118.73%474.84M22.55%231.01M51.35% Total liabilities ------------------------------------------------------------797.48M--894.96M12.22%859.79M3.93%532.90M38.02%242.57M54.48% Equity attributable to owners ------------------------------------------------------------862.99M--608.46M29.49%388.39M36.17%231.16M40.48%301.37M30.37% Total equity ------------------------------------------------------------863.12M--608.10M29.55%388.09M36.18%230.82M40.52%301.37M30.57%

Cash and cash equivalents ----59.28M-- Trade and bills receivables ----100.28M-- Inventories ----10.00M-- Total current assets ----543.97M-- Total assets ----608.86M-- Total current liabilities ----246.19M-- Total liabilities ----258.99M-- Equity attributable to owners ----348.96M-- Total equity ----349.88M--

Net cash from operating activities -------------------------------------------------------------63.70M--62.00M197.34%-15.43M124.89%331.59M2248.68%256.08M22.77% Net cash from investing activities ------------------------------------------------------------6.58M---2.38M136.12%110.56K104.65%-1.99M1900.00%-2.08M4.57% Net cash from financing activities -------------------------------------------------------------6.00M---27.64M360.57%-50.44M82.49%-361.93M617.57%-285.77M21.04% Net change in cash -------------------------------------------------------------63.11M--31.98M150.68%-65.76M305.60%-32.33M50.83%-31.77M1.76%

Net cash from operating activities 267.91M--7.17M97.33% Net cash from investing activities -486.00K--18.00K103.70% Net cash from financing activities -279.84M---7.60M97.28% Net change in cash -12.41M---417.00K96.64%