HOLLWIN URBAN 02529·

Gross margin ----24.86%--23.00%1.86%23.29%0.29%25.21%1.92%25.74%0.53% Net margin ----9.46%--10.14%0.68%10.77%0.62%10.46%0.31%11.04%0.58% ROE ----28.39%--28.60%0.21%27.43%1.17%19.19%8.24%18.05%1.14% ROA ----8.95%--9.94%0.99%10.80%0.86%7.97%2.82%7.88%0.10% Revenue growth --------22.44%--23.34%0.90%4.85%18.49%-1.29%6.15% Attributable profit growth --------31.42%--32.17%0.75%2.39%29.78%3.50%1.11% Debt-to-assets ----68.48%--65.58%2.90%60.64%4.94%58.23%2.42%56.42%1.81% Current ratio ----1.26--1.400.141.520.131.620.101.650.03 Operating cash flow / net profit ----1.06---0.151.211.111.261.070.040.720.35 Operating cash flow / revenue ----10.05%---1.54%11.58%11.92%13.45%11.17%0.75%7.94%3.23%

Gross margin 26.91%--27.43%0.52% Net margin 12.19%--12.69%0.51% Revenue growth -----2.15%-- Attributable profit growth ----1.90%-- Current ratio ----1.63-- Operating cash flow / net profit 0.79--0.320.47 Operating cash flow / revenue 9.58%--4.02%5.56%

Revenue ----431.65M--528.52M22.44%651.88M23.34%683.51M4.85%674.66M1.29% Other income and gains ----8.00K--3.79M47275.00%------------ Gross profit ----107.31M--121.55M13.27%151.83M24.92%172.32M13.50%173.68M0.78% Selling and distribution expenses ----4.72M--4.45M5.58%4.74M6.47%4.41M6.94%3.36M23.79% Administrative expenses ----42.32M--43.74M3.36%53.39M22.05%68.12M27.60%63.37M6.98% Net finance costs ----1.00K--8.00K700.00%6.00K25.00%68.00K1033.33%129.00K89.71% Income tax ----13.34M--17.09M28.14%22.82M33.54%23.63M3.55%24.70M4.52% Operating profit ----48.35M--66.38M37.28%88.62M33.50%90.62M2.26%95.90M5.83% Share of associates and JVs ----4.65M--3.09M33.45%2.18M29.56%1.84M15.70%1.19M35.35% Profit before tax ----54.18M--70.69M30.47%93.00M31.57%95.11M2.27%99.19M4.28% Net profit ----40.84M--53.60M31.23%70.18M30.94%71.48M1.86%74.49M4.21% Net profit attributable to owners ----40.40M--53.09M31.42%70.18M32.17%71.86M2.39%74.38M3.50%

Revenue 316.19M--309.40M2.15% Other income and gains 112.00K---999.00K991.96% Cost of sales 231.09M--224.52M2.84% Gross profit 85.10M--84.88M0.26% Selling and distribution expenses 1.53M--1.29M15.39% Administrative expenses 28.23M--25.99M7.93% Income tax 13.54M--13.18M2.66% Operating profit 50.95M--52.06M2.19% Share of associates and JVs 155.00K---51.00K132.90% Profit before tax 52.08M--52.46M0.73% Net profit 38.53M--39.28M1.93% Net profit attributable to owners 38.54M--39.27M1.90%

Cash and cash equivalents ----129.93M--123.82M4.70%210.21M69.77%354.67M68.72%353.25M0.40% Trade and bills receivables --------------------197.56M-- Inventories ----2.43M--3.20M31.99%4.15M29.67%3.68M11.37%4.87M32.23% Total current assets ----393.69M--493.71M25.41%596.26M20.77%836.99M40.37%874.30M4.46% Total assets ----456.57M--539.47M18.16%650.09M20.51%896.55M37.91%945.84M5.50% Total current liabilities ----312.66M--353.76M13.15%392.11M10.84%518.03M32.11%530.34M2.38% Total liabilities ----312.66M--353.79M13.16%394.24M11.43%522.03M32.41%533.63M2.22% Equity attributable to owners ----142.31M--185.68M30.47%255.85M37.80%374.51M46.38%412.09M10.03% Total equity ----143.91M--185.68M29.02%255.85M37.80%374.52M46.38%412.21M10.06%

Cash and cash equivalents ----318.26M-- Trade and bills receivables ----214.94M-- Inventories ----3.72M-- Total current assets ----869.39M-- Total assets ----413.08M-- Total current liabilities ----532.09M-- Equity attributable to owners ----412.96M-- Total equity ----413.08M--

Net cash from operating activities ----43.37M---8.12M118.71%77.69M1057.29%76.36M1.72%53.55M29.86% Net cash from investing activities -----41.06M--20.35M149.56%58.29M186.47%-1.53M102.62%-12.90M744.92% Net cash from financing activities -----765.00K---18.34M2297.12%-49.60M170.47%69.63M240.38%-42.07M160.41% Net change in cash ----1.55M---6.11M493.62%86.39M1515.04%144.46M67.22%-1.42M100.98%

Net cash from operating activities 30.28M--12.43M58.95% Net cash from investing activities -63.33M---4.72M92.54% Net cash from financing activities -299.00K---42.69M14178.26% Net change in cash -33.34M---34.98M4.92%