CTG DUTY-FREE 01880·

Gross margin ----51.08%--38.92%12.16%32.94%5.97%27.30%5.64%30.87%3.57%30.72%0.16%31.76%1.04% Net margin ----11.40%--13.52%2.12%18.38%4.87%11.52%6.86%10.88%0.64%8.71%2.17%6.98%1.72% ROE ----22.62%--27.09%4.47%33.23%6.14%10.59%22.64%12.66%2.07%7.87%4.79%6.58%1.29% ROA ----15.16%--15.50%0.34%22.58%7.08%8.29%14.28%9.34%1.05%6.46%2.88%5.01%1.45% Revenue growth --------9.55%--28.67%19.12%-19.57%48.23%24.08%43.65%-16.38%40.46%-4.92%11.46% Attributable profit growth --------31.88%--63.99%32.11%-47.42%111.41%32.77%80.20%-36.32%69.10%-15.72%20.60% Debt-to-assets ----36.98%--43.89%6.90%37.54%6.35%28.80%8.73%25.03%3.77%20.12%4.91%18.50%1.62% Current ratio ----2.43--1.870.572.250.383.271.023.810.545.101.295.830.73 Operating cash flow / net profit ----0.68--1.240.560.670.57-0.541.212.062.601.610.441.620.00 Operating cash flow / revenue ----7.74%--16.76%9.02%12.31%4.45%-6.27%18.58%22.40%28.67%14.06%8.34%11.28%2.77%

Gross margin 31.93%--33.46%1.53% Net margin 10.41%--11.11%0.70% Revenue growth -----1.76%-- Attributable profit growth ----19.52%-- Debt-to-assets ----25.68%-- Current ratio ----4.21-- Operating cash flow / net profit 0.89--0.810.08 Operating cash flow / revenue 9.26%--8.97%0.30%

Revenue ----48.01B--52.60B9.55%67.68B28.67%54.43B19.57%67.54B24.08%56.47B16.38%53.69B4.92% Other income and gains ----141.60M--979.33M591.63%786.30M19.71%420.08M46.58%1.49B255.31%1.50B0.25%1.27B14.81% Cost of sales ----23.49B--32.13B36.78%45.38B41.25%---------------- Gross profit ----24.52B--20.47B16.53%22.29B8.92%14.86B33.34%20.85B40.33%17.35B16.81%17.05B1.70% Selling and distribution expenses ----16.28B--9.74B40.17%5.41B44.48%4.95B8.52%10.74B117.13%10.06B6.39%9.67B3.85% Administrative expenses ----1.87B--2.03B8.11%2.71B33.74%2.57B5.16%2.60B1.10%2.34B10.04%2.57B10.02% Net finance costs ----210.62M--216.68M2.88%221.85M2.39%194.18M12.48%297.89M53.41%202.50M32.02%178.42M11.89% Income tax ----1.57B--2.39B52.13%2.44B2.12%1.43B41.44%1.40B1.92%1.31B6.72%1.63B24.62% Operating profit ----6.48B--9.70B49.58%14.94B54.03%7.73B48.25%8.95B15.75%6.43B28.12%5.65B12.21% Share of associates and JVs ----58.97M--15.45M73.79%162.33M950.48%162.49M0.10%97.40M40.06%-6.14M106.31%-90.59M1374.89% Profit before tax ----6.33B--9.50B49.98%14.88B56.67%7.70B48.25%8.75B13.62%6.22B28.85%5.38B13.58% Net profit ----5.47B--7.11B29.94%12.44B75.00%6.27B49.59%7.35B17.16%4.92B33.08%3.75B23.74% Net profit attributable to owners ----4.50B--5.93B31.88%9.73B63.99%5.11B47.42%6.79B32.77%4.32B36.32%3.64B15.72%

Revenue 28.15B--27.66B1.76% Other income and gains 693.97M--584.31M15.80% Cost of sales 19.16B--18.40B3.96% Gross profit 8.99B--9.25B2.93% Selling and distribution expenses 4.79B--4.75B0.85% Administrative expenses 1.04B--1.10B5.34% Net finance costs 88.19M--128.41M45.60% Income tax 765.45M--675.77M11.72% Operating profit 3.80B--3.95B3.86% Share of associates and JVs -20.50M---74.03M261.12% Profit before tax 3.70B--3.75B1.44% Net profit 2.93B--3.07B4.87% Net profit attributable to owners 2.62B--3.13B19.52%

Cash and cash equivalents ----11.99B--14.66B22.31%16.66B13.63%------------33.78B-- Trade and bills receivables ----1.57B--1.47B5.90%1.95B32.53%2.15B10.01%5.51B156.46%3.74B32.14%7.10B90.09% Inventories ----8.96B--14.73B64.35%19.72B33.88%27.93B41.58%21.06B24.60%17.35B17.61%15.30B11.80% Total current assets ----23.12B--30.96B33.93%38.54B24.48%57.21B48.42%58.46B2.19%55.96B4.27%56.23B0.47% Total assets ----36.08B--45.86B27.12%55.10B20.14%75.62B37.24%78.66B4.02%76.11B3.25%74.89B1.60% Total current liabilities ----9.51B--16.59B74.50%17.14B3.30%17.48B2.01%15.33B12.31%10.97B28.44%9.65B12.05% Total liabilities ----13.34B--20.13B50.83%20.68B2.76%21.78B5.31%19.69B9.61%15.31B22.23%13.86B9.50% Equity attributable to owners ----19.88B--21.89B10.13%29.27B33.70%48.31B65.04%53.65B11.05%54.97B2.46%55.40B0.78% Total equity ----22.74B--25.74B13.20%34.42B33.74%53.84B56.42%58.97B9.54%60.80B3.09%61.03B0.39%

Cash and cash equivalents ----27.08B-- Trade and bills receivables ----13.75B-- Inventories ----17.19B-- Total current assets ----58.18B-- Total assets ----84.88B-- Total current liabilities ----13.81B-- Total liabilities ----21.79B-- Equity attributable to owners ----57.41B-- Total equity ----63.08B--

Net cash from operating activities ----3.72B--8.81B137.13%8.33B5.51%-3.42B141.01%15.13B542.91%7.94B47.51%6.06B23.69% Net cash from investing activities -----631.25M---3.81B504.22%-2.32B39.24%-3.81B64.25%-4.72B23.88%-454.31M90.37%-3.48B666.08% Net cash from financing activities -------------3.82B--15.45B504.88%-4.63B129.94%-4.37B5.63%-3.18B27.14% Net change in cash ------------2.19B--8.23B275.19%5.78B29.76%3.12B46.08%-603.76M119.36%

Net cash from operating activities 2.61B--2.48B4.89% Net cash from investing activities -1.89B---8.43B346.89% Net cash from financing activities -1.95B---300.90M84.60% Net change in cash -1.23B---6.25B406.76%