VICTORY SEC 08540·

Net margin ----23.46%--31.28%7.82%------------15.22%---32.52%47.74%-44.54%12.02%-2.99%41.55%25.77%28.76% ROE ------------------------7.00%---12.79%19.79%-15.32%2.53%-1.82%13.50%25.23%27.05% ROA ------------------------3.03%---6.63%9.67%-8.34%1.70%-0.45%7.89%11.47%11.91% Revenue growth --------86.65%-------------------17.63%---23.38%5.75%40.93%64.31%188.09%147.17% Attributable profit growth --------148.84%-------------------274.73%---4.84%269.89%87.15%91.99%1975.02%1887.87% Debt-to-assets ------------------------56.51%--48.29%8.22%45.77%2.52%65.87%20.11%53.69%12.18% Current ratio ----1.67--1.340.33----------------------------1.64-- Operating cash flow / net profit ----5.07--0.124.95-------------4.06---4.460.40-1.682.7837.5439.222.4435.10 Operating cash flow / revenue ----118.94%--3.67%115.27%-------------61.87%--145.09%206.95%74.71%70.38%-112.22%186.94%62.96%175.18%

Net margin 32.92%---8.06%40.98% Revenue growth -----24.74%-- Attributable profit growth -----117.80%-- Debt-to-assets ----46.13%-- Current ratio ----1.74-- Operating cash flow / net profit 1.93--4.472.53 Operating cash flow / revenue 63.65%---36.02%99.67%

Revenue ----30.23M--56.43M86.65%------------80.85M--66.60M17.63%51.03M23.38%71.91M40.93%207.17M188.09% Other income and gains ----3.19M--7.91M148.10%-------------------------------- Cost of sales ----3.70M--7.03M90.09%-------------------------------- Net finance costs ----1.21M--1.57M30.07%-------------------------------- Income tax ----1.77M--3.58M102.18%------------1.90M--1.84M2.83%3.89M110.87%151.32K96.11%2.97M1859.56% Operating profit ------------------------19.95M---15.82M179.31%-20.57M30.03%3.28M115.94%40.13M1123.72% Profit before tax ----8.86M--21.23M139.53%------------14.20M---23.50M265.44%-26.62M13.26%-2.30M91.36%56.35M2549.04% Net profit ----7.09M--17.65M148.84%------------12.31M---21.66M275.98%-22.73M4.95%-2.15M90.54%53.39M2583.50% Net profit attributable to owners ----7.09M--17.65M148.84%------------12.35M---21.58M274.73%-22.63M4.84%-2.91M87.15%54.52M1975.02%

Revenue 123.72M--93.11M24.74% Other income and gains 391.83K--734.09K87.35% Cost of sales 33.80M--44.03M30.29% Administrative expenses 14.57M--18.31M25.69% Net finance costs 3.63M--2.56M29.33% Income tax 6.31M--414.78K93.43% Share of associates and JVs 0---326.98K-- Profit before tax 47.04M---7.09M115.08% Net profit 40.72M---7.51M118.43% Net profit attributable to owners 41.25M---7.34M117.80%

Cash and cash equivalents ----8.19M--9.00M9.82%----------------------------92.48M-- Trade and bills receivables ----136.69M--324.15M137.13%----------------------------304.67M-- Total current assets ----156.46M--349.96M123.67%----------------------------430.29M-- Total assets ------------------------405.98M--326.42M19.60%272.55M16.50%481.58M76.69%465.55M3.33% Total current liabilities ----93.72M--261.51M179.03%----------------------------262.77M-- Total liabilities ------------------------229.42M--157.62M31.30%124.74M20.86%317.24M154.31%249.97M21.20% Equity attributable to owners ------------------------176.43M--168.75M4.35%147.72M12.46%159.79M8.17%216.08M35.23% Total equity ----135.71M--143.46M5.71%------------176.56M--168.80M4.39%147.81M12.43%164.35M11.19%215.58M31.17%

Cash and cash equivalents ----66.10M-- Trade and bills receivables ----209.93M-- Total current assets ----319.20M-- Total assets ----418.82M-- Total current liabilities ----183.63M-- Total liabilities ----193.18M-- Equity attributable to owners ----225.72M-- Total equity ----225.63M--

Net cash from operating activities ----35.96M--2.07M94.24%-------------50.02M--96.63M293.17%38.12M60.55%-80.70M311.68%130.43M261.62% Net cash from investing activities ----405.10K--24.23M5881.44%-------------6.24M---6.33M1.48%-2.26M64.31%-5.49M143.00%15.20M376.98% Net cash from financing activities -----32.96M---25.50M22.64%------------49.26M---81.07M264.59%-48.71M39.91%66.97M237.49%-54.52M181.41% Net change in cash ----3.41M--804.55K76.40%-------------7.00M--9.23M231.78%-12.85M239.22%-19.22M49.58%91.11M574.09%

Net cash from operating activities 78.74M---33.54M142.60% Net cash from investing activities -1.08M---5.61M418.41% Net cash from financing activities 18.29M--12.69M30.62% Net change in cash 95.96M---26.46M127.58%