LANCANG TEA 06911·

Gross margin --------65.95%--65.89%0.06%66.96%1.07%55.22%11.74%52.35%2.88% Net margin --------23.08%--15.23%7.85%14.89%0.34%-85.40%100.29%-41.90%43.51% ROE --------17.51%--9.09%8.42%7.94%1.15%-45.77%53.72%-14.36%31.42% ROA --------10.80%--5.00%5.80%4.82%0.17%-22.50%27.32%-7.28%15.22% Revenue growth -------------17.15%--13.93%31.08%-31.48%45.41%-39.48%8.00% Attributable profit growth -------------44.88%--10.91%55.79%-484.05%494.95%70.41%554.46% Debt-to-assets --------36.59%--43.35%6.76%37.94%5.41%50.95%13.01%49.64%1.32% Current ratio --------4.80--2.452.353.140.692.280.872.180.09 Operating cash flow / net profit ---------0.07--0.560.630.280.290.290.021.000.71 Operating cash flow / revenue ---------1.61%--8.56%10.17%4.12%4.44%-25.04%29.16%-41.93%16.89%

Gross margin 52.72%--60.29%7.57% Revenue growth ----36.78%-- Attributable profit growth ----108.34%--

Revenue --------558.68M--462.87M17.15%527.35M13.93%361.33M31.48%218.68M39.48% Other income and gains --------6.55M--6.51M0.75%4.47M31.32%936.60K79.04%90.86K90.30% Gross profit --------368.44M--305.00M17.22%353.12M15.78%199.54M43.49%114.47M42.63% Selling and distribution expenses --------122.18M--136.41M11.65%161.19M18.17%171.80M6.58%88.49M48.49% Administrative expenses --------96.47M--78.24M18.90%88.88M13.60%77.82M12.44%67.31M13.51% Net finance costs --------8.69M--12.78M47.12%15.36M20.19%12.67M17.52%15.84M25.03% Income tax --------17.32M--14.96M13.65%13.83M7.52%15.29M10.51%21.20M38.70% Operating profit --------153.70M--95.45M37.90%104.89M9.89%-280.63M367.55%-54.57M80.55% Share of associates and JVs --------1.27M--2.78M118.90%2.82M1.58%-------- Profit before tax --------146.28M--85.45M41.59%92.35M8.07%-293.30M417.60%-70.42M75.99% Net profit --------128.96M--70.49M45.34%78.52M11.38%-308.59M493.02%-91.62M70.31% Net profit attributable to owners --------131.01M--72.20M44.88%80.08M10.91%-307.55M484.05%-91.01M70.41%

Revenue 119.51M--163.46M36.78% Gross profit 63.01M--98.55M56.42% Profit before tax -17.65M---4.57M74.12% Net profit attributable to owners -28.95M--2.42M108.34%

Cash and cash equivalents --------141.55M--90.03M36.40%262.31M191.37%74.37M71.65%77.00M3.54% Trade and bills receivables --------26.16M--35.84M37.04%77.65M116.65%49.95M35.68%21.22M57.51% Inventories --------635.67M--783.65M23.28%841.44M7.37%903.36M7.36%893.83M1.06% Total current assets --------827.03M--947.77M14.60%1.21B27.85%1.12B7.81%1.07B4.50% Total assets --------1.19B--1.41B18.12%1.63B15.39%1.37B15.75%1.26B8.28% Total current liabilities --------172.25M--386.53M124.40%385.36M0.30%490.97M27.41%488.35M0.53% Total liabilities --------437.12M--611.63M39.92%617.67M0.99%698.84M13.14%624.46M10.64% Equity attributable to owners --------748.05M--794.24M6.17%1.01B26.97%671.87M33.37%633.80M5.67% Total equity --------757.37M--799.27M5.53%1.01B26.40%672.73M33.41%633.61M5.81%

Net cash from operating activities ---------8.98M--39.63M541.17%21.72M45.19%-90.49M516.53%-91.70M1.34% Net cash from investing activities ---------56.19M---76.82M36.70%-14.24M81.46%-99.86M601.05%-8.30M91.69% Net cash from financing activities --------32.81M---14.34M143.70%164.81M1249.44%-9.08M105.51%88.97M1079.54% Net change in cash ---------32.37M---51.52M59.18%172.29M434.41%-196.94M214.31%-11.43M94.20%