CIRTEK HLDGS 01433·

Gross margin 44.33%--42.79%1.54%43.67%0.88%----50.21%--43.59%6.62%42.45%1.13%43.66%1.21%49.11%5.45% Net margin 8.09%--8.44%0.35%9.07%0.63%----0.64%--4.13%3.50%3.07%1.06%-6.90%9.97%11.23%18.12% ROE 26.77%--29.63%2.86%28.33%1.30%----0.70%--6.00%5.30%5.25%0.75%-13.17%18.41%25.15%38.32% ROA 11.33%--10.92%0.40%12.46%1.53%----0.46%--3.74%3.28%3.18%0.56%-6.95%10.13%13.67%20.62% Revenue growth ----26.24%--21.92%4.32%--------35.80%--23.14%12.67%-7.55%30.69%51.25%58.80% Attributable profit growth ----25.89%--31.94%6.05%--------783.79%---8.43%792.22%-307.42%298.99%346.19%653.61% Debt-to-assets 57.64%--64.40%6.76%56.91%7.49%----34.72%--37.74%3.03%39.44%1.69%47.21%7.77%45.64%1.57% Current ratio 1.16--1.000.151.040.03----2.10--1.840.261.520.321.190.331.580.39 Operating cash flow / net profit 1.75--1.690.051.660.03----12.37--2.979.403.840.87-0.834.671.322.15 Operating cash flow / revenue 14.13%--14.30%0.17%15.08%0.78%----7.86%--12.29%4.43%11.81%0.48%5.71%6.10%14.80%9.09%

Revenue 241.63M--305.02M26.24%371.88M21.92%----218.25M--296.39M35.80%364.97M23.14%337.39M7.55%510.29M51.25% Other income and gains 722.00K--1.78M146.95%3.64M104.26%----8.16M--5.26M35.56%14.22M170.44%9.18M35.44%3.02M67.06% Cost of sales 134.52M--174.50M29.72%209.47M20.04%------------------------ Gross profit 107.11M--130.52M21.86%162.41M24.43%----109.58M--129.19M17.90%154.94M19.94%147.31M4.93%250.60M70.12% Selling and distribution expenses 27.45M--32.61M18.80%40.34M23.73%----30.68M--37.44M22.03%47.73M27.50%53.94M13.01%56.71M5.14% Administrative expenses 52.85M--64.11M21.30%76.85M19.88%----74.78M--77.79M4.02%101.32M30.25%109.70M8.27%125.61M14.50% Net finance costs 1.50M--1.66M11.10%2.77M66.67%----2.00M--1.84M8.08%1.97M6.83%2.87M45.70%2.19M23.65% Income tax 6.36M--8.02M26.08%8.02M0.00%----2.65M--5.13M93.67%5.55M8.35%5.46M1.68%11.93M118.55% Operating profit ----------------6.04M--19.22M218.35%18.74M2.49%-14.46M177.17%71.31M593.09% Share of associates and JVs -----------------------------478.48K--100.01K120.90% Profit before tax 25.92M--33.77M30.29%41.76M23.65%----4.03M--17.38M330.86%16.77M3.48%-17.81M206.17%69.22M488.71% Net profit 19.56M--25.75M31.66%33.73M31.02%----1.39M--12.25M783.79%11.22M8.43%-23.27M307.42%57.28M346.19% Net profit attributable to owners 19.23M--24.21M25.89%31.94M31.94%----1.39M--12.25M783.79%11.22M8.43%-23.27M307.42%57.28M346.19%

Cash and cash equivalents 22.16M--34.21M54.39%22.96M32.89%----96.57M--83.48M13.56%55.67M33.31%30.95M44.40%63.45M104.98% Trade and bills receivables 29.99M--41.43M38.17%41.69M0.62%----30.91M--43.90M42.03%38.34M12.66%40.70M6.15%53.30M30.97% Inventories 35.48M--37.63M6.07%41.47M10.20%----44.56M--53.24M19.47%61.42M15.37%63.58M3.52%77.07M21.21% Total current assets 95.68M--122.52M28.06%117.42M4.16%----179.64M--193.26M7.58%183.92M4.83%164.71M10.44%222.77M35.25% Total assets 172.64M--235.68M36.52%270.85M14.92%----304.41M--327.88M7.71%352.90M7.63%334.78M5.13%418.97M25.15% Total current liabilities 82.74M--122.18M47.67%113.45M7.14%----85.61M--105.13M22.80%121.06M15.15%138.80M14.65%141.22M1.75% Total liabilities 99.51M--151.77M52.52%154.13M1.55%----105.68M--123.75M17.10%139.18M12.46%158.04M13.55%191.22M21.00% Equity attributable to owners 71.83M--81.71M13.74%112.76M38.01%----198.73M--204.13M2.71%213.72M4.70%176.74M17.30%227.74M28.86% Total equity 73.13M--83.91M14.74%116.72M39.09%----198.73M--204.13M2.71%213.72M4.70%176.74M17.30%227.74M28.86%

Net cash from operating activities 34.14M--43.61M27.74%56.08M28.60%----17.15M--36.42M112.33%43.10M18.35%19.26M55.32%75.53M292.17% Net cash from investing activities -3.61M---18.09M401.72%-41.10M127.19%-----18.34M---28.92M57.66%-61.17M111.52%-28.21M53.88%-12.38M56.10% Net cash from financing activities -20.51M---13.56M33.90%-26.01M91.84%----60.53M---17.73M129.29%-12.45M29.79%-19.07M53.23%-25.86M35.60% Net change in cash 10.02M--11.96M19.30%-11.03M192.25%----59.34M---10.23M117.24%-30.52M198.28%-28.03M8.15%37.28M233.01%