V&V TECH 08113·

Gross margin ---------------------------------0.21%---1.36%1.15%3.67%5.03%2.73%0.95%3.42%0.70% Net margin ---------------------------------1.65%---3.96%2.31%0.33%4.28%-0.33%0.66%0.38%0.71% ROE ---------------------------------45.37%---251.98%206.60%5.69%257.67%-3.64%9.33%3.72%7.36% ROA ---------------------------------6.23%---16.59%10.37%1.25%17.84%-0.95%2.20%0.91%1.86% Revenue growth -------------------------------------33.53%---29.56%3.98%-18.40%11.15%-6.31%12.09% Attributable profit growth -------------------------------------59.49%--105.83%165.33%-182.59%288.42%206.26%388.85% Debt-to-assets --------------------------------86.28%--93.42%7.14%78.08%15.33%73.81%4.27%75.48%1.67% Current ratio --------------------------------1.15--1.060.091.280.221.350.071.320.03 Operating cash flow / net profit --------------------------------5.29---1.396.6811.0212.4118.637.606.2512.38 Operating cash flow / revenue ---------------------------------8.72%--5.49%14.21%3.61%1.87%-6.18%9.79%2.35%8.53%

Gross margin 3.96%--3.47%0.49% Net margin 0.26%--0.30%0.03% Revenue growth ----70.54%-- Attributable profit growth ----92.64%-- Current ratio ----1.26--

Revenue --------------------------------2.33B--1.55B33.53%1.09B29.56%889.45M18.40%833.28M6.31% Other income and gains --------------------------------820.87K--1.92M133.42%2.41M25.57%2.64M9.65%2.37M10.34% Gross profit ---------------------------------4.86M---21.04M333.21%40.05M290.37%24.24M39.48%28.53M17.68% Selling and distribution expenses --------------------------------12.82M--13.03M1.62%9.56M26.59%7.33M23.32%6.43M12.35% Administrative expenses --------------------------------19.79M--20.47M3.46%21.61M5.55%14.18M34.35%14.58M2.76% Net finance costs --------------------------------2.32M--6.90M197.27%7.51M8.73%8.97M19.44%6.98M22.12% Income tax --------------------------------248.55K--127.74K48.61%34.44K73.04%63.90K85.55%3.61K94.35% Operating profit ---------------------------------35.82M---54.20M51.31%11.11M120.51%6.08M45.29%10.12M66.45% Profit before tax ---------------------------------38.14M---61.10M60.20%3.61M105.90%-2.89M180.03%3.14M208.74% Net profit ---------------------------------38.39M---61.23M59.49%3.57M105.83%-2.95M182.59%3.14M206.26% Net profit attributable to owners ---------------------------------38.39M---61.23M59.49%3.57M105.83%-2.95M182.59%3.14M206.26%

Revenue 418.02M--712.90M70.54% Other income and gains 613.00K--566.00K7.67% Cost of sales 401.46M--688.14M71.41% Gross profit 16.56M--24.76M49.50% Selling and distribution expenses 3.09M--5.00M61.44% Administrative expenses 8.52M--11.16M31.02% Net finance costs 4.20M--4.86M15.64% Income tax 4.00K--146.00K3550.00% Profit before tax 1.10M--2.27M105.16% Net profit 1.10M--2.12M92.64% Net profit attributable to owners 1.10M--2.12M92.64%

Cash and cash equivalents --------------------------------80.83M--82.09M1.55%42.77M47.90%31.44M26.47%62.60M99.07% Trade and bills receivables --------------------------------117.67M--117.81M0.11%107.20M9.00%126.21M17.73%135.71M7.52% Inventories --------------------------------390.56M--125.75M67.80%99.30M21.03%96.16M3.17%125.70M30.72% Total current assets --------------------------------609.15M--365.48M40.00%285.67M21.84%309.15M8.22%342.44M10.77% Total assets --------------------------------616.62M--369.04M40.15%286.44M22.38%309.80M8.16%343.82M10.98% Total current liabilities --------------------------------529.64M--344.69M34.92%223.65M35.11%228.67M2.24%259.53M13.49% Total liabilities --------------------------------532.01M--344.74M35.20%223.65M35.12%228.67M2.24%259.53M13.49% Equity attributable to owners --------------------------------84.61M--24.30M71.28%62.78M158.38%81.13M29.22%84.29M3.90% Total equity --------------------------------84.61M--24.30M71.28%62.78M158.38%81.13M29.22%84.29M3.90%

Cash and cash equivalents ----21.16M-- Trade and bills receivables ----271.68M-- Inventories ----151.83M-- Total current assets ----476.07M-- Total current liabilities ----378.91M-- Equity attributable to owners ----98.56M-- Total equity ----98.56M--

Net cash from operating activities ---------------------------------203.10M--84.91M141.81%39.38M53.62%-54.96M239.56%19.60M135.66% Net cash from investing activities --------------------------------21.26K--679.78K3097.81%-12.02M1868.90%1.43M111.86%15.32M974.10% Net cash from financing activities --------------------------------177.21M---85.12M148.03%-69.13M18.78%43.89M163.49%-4.73M110.78% Net change in cash ---------------------------------25.87M--470.75K101.82%-41.77M8973.29%-9.65M76.90%30.18M412.82%