NEUTECH GROUP 09616·

Gross margin ----32.05%--31.91%0.14%33.71%1.79%----43.39%--43.06%0.33%47.90%4.84%48.06%0.16%44.28%3.79% Net margin ----19.58%--19.18%0.40%18.26%0.92%----22.10%--24.89%2.79%23.79%1.10%22.58%1.21%19.77%2.81% ROE ----22.90%--30.27%7.37%24.21%6.05%----18.97%--22.31%3.34%20.88%1.44%20.20%0.68%16.32%3.87% ROA ----7.32%--9.01%1.69%6.85%2.17%----5.58%--6.43%0.85%6.42%0.01%6.35%0.07%5.34%1.02% Revenue growth --------16.65%--12.31%4.34%--------13.59%--16.64%3.05%14.61%2.03%-1.49%16.10% Attributable profit growth --------14.96%--5.47%9.49%--------35.60%--11.46%24.14%8.40%3.06%-13.06%21.46% Debt-to-assets ----67.96%--70.15%2.19%72.11%1.96%----72.11%--71.04%1.07%69.12%1.92%68.54%0.58%66.96%1.58% Current ratio ----0.47--0.430.050.500.08----0.81--0.890.080.840.040.890.040.910.02 Operating cash flow / net profit ----2.40--2.100.302.180.08----2.40--2.070.331.710.361.500.212.080.58 Operating cash flow / revenue ----47.00%--40.23%6.77%39.76%0.47%----52.94%--51.49%1.45%40.75%10.74%33.93%6.82%41.19%7.26%

Gross margin 44.17%--44.99%0.82% Net margin 21.60%--21.58%0.02% Revenue growth ----1.73%-- Attributable profit growth ----2.64%-- Debt-to-assets ----63.00%-- Current ratio ----0.81--

Revenue ----731.39M--853.17M16.65%958.23M12.31%----1.36B--1.55B13.59%1.81B16.64%2.07B14.61%2.04B1.49% Other income and gains ----74.41M--65.81M11.56%71.53M8.70%----112.74M--188.72M67.39%148.19M21.48%86.73M41.47%72.92M15.93% Cost of sales ----496.96M--580.88M16.89%635.23M9.36%------------------------ Gross profit ----234.43M--272.28M16.15%323.00M18.63%----591.43M--666.74M12.73%865.08M29.75%994.88M15.01%902.86M9.25% Selling and distribution expenses ----9.19M--10.59M15.21%11.24M6.15%----38.39M--38.80M1.05%52.96M36.50%48.64M8.15%44.69M8.14% Administrative expenses ----65.85M--85.25M29.46%109.19M28.07%----144.69M--148.34M2.53%207.30M39.74%213.59M3.03%194.90M8.75% Net finance costs ----35.27M--36.57M3.68%36.71M0.39%----76.84M--92.15M19.93%103.56M12.38%109.46M5.70%124.53M13.76% Income tax ----18.37M--7.33M60.11%23.95M226.91%----77.61M--132.12M70.25%148.14M12.13%170.88M15.35%148.40M13.15% Operating profit ----196.85M--207.57M5.45%235.68M13.54%----446.18M--597.79M33.98%664.67M11.19%732.55M10.21%667.69M8.85% Share of associates and JVs -------------------------------------2.17M-- Profit before tax ----161.58M--171.00M5.83%198.97M16.35%----378.82M--517.53M36.62%577.78M11.64%638.20M10.46%551.46M13.59% Net profit ----143.22M--163.68M14.29%175.01M6.93%----301.22M--385.42M27.95%429.64M11.47%467.32M8.77%403.06M13.75% Net profit attributable to owners ----114.82M--131.99M14.96%139.21M5.47%----284.22M--385.39M35.60%429.54M11.46%465.62M8.40%404.80M13.06%

Revenue 944.70M--961.09M1.73% Other income and gains 33.60M--33.24M1.06% Cost of sales 527.47M--528.72M0.24% Gross profit 417.24M--432.38M3.63% Selling and distribution expenses 17.66M--23.10M30.83% Administrative expenses 94.29M--91.23M3.25% Net finance costs 55.65M--50.64M9.00% Income tax 48.54M--60.44M24.51% Share of associates and JVs 0---4.37M-- Profit before tax 252.58M--267.87M6.05% Net profit 204.04M--207.42M1.66% Net profit attributable to owners 203.92M--209.30M2.64%

Cash and cash equivalents ----332.56M--214.83M35.40%562.88M162.01%----1.23B--1.18B3.64%1.71B44.32%1.66B2.55%1.35B18.85% Trade and bills receivables ----24.10M--14.59M39.46%6.15M57.87%----30.41M--75.33M147.74%74.15M1.57%67.59M8.85%74.65M10.45% Inventories ----1.16M--2.78M139.74%3.06M10.14%----4.92M--4.30M12.63%9.38M118.18%8.67M7.48%8.08M6.85% Total current assets ----520.52M--379.62M27.07%628.27M65.50%----1.50B--1.78B19.21%2.07B15.89%2.14B3.74%2.07B3.23% Total assets ----1.96B--1.82B7.18%2.56B40.78%----5.40B--5.99B10.95%6.69B11.64%7.36B9.92%7.55B2.70% Total current liabilities ----1.10B--888.58M18.94%1.24B40.04%----1.85B--2.01B8.53%2.45B21.88%2.42B1.16%2.29B5.44% Total liabilities ----1.33B--1.27B4.19%1.84B44.73%----3.90B--4.26B9.31%4.63B8.62%5.04B9.00%5.06B0.33% Equity attributable to owners ----501.39M--436.10M13.02%574.96M31.84%----1.50B--1.73B15.28%2.06B19.13%2.31B12.04%2.48B7.57% Total equity ----626.75M--542.06M13.51%712.93M31.52%----1.51B--1.74B15.19%2.07B19.04%2.31B11.99%2.50B7.86%

Cash and cash equivalents ----711.84M-- Trade and bills receivables ----83.34M-- Inventories ----7.77M-- Total current assets ----1.41B-- Total assets ----6.91B-- Total current liabilities ----1.74B-- Total liabilities ----4.35B-- Equity attributable to owners ----2.53B-- Total equity ----2.56B--

Net cash from operating activities ----343.72M--343.20M0.15%380.97M11.00%----721.68M--797.24M10.47%735.90M7.69%702.36M4.56%839.99M19.60% Net cash from investing activities -----67.30M---159.81M137.46%-455.43M184.99%-----1.23B---790.35M35.95%-320.31M59.47%-668.90M108.83%-857.73M28.23% Net cash from financing activities -----4.07M---301.13M7295.06%422.50M240.31%----323.22M---60.14M118.61%108.09M279.72%-78.31M172.45%-295.80M277.74% Net change in cash ----272.35M---117.73M143.23%348.04M395.63%-----189.12M---53.26M71.84%523.69M1083.27%-44.85M108.57%-313.54M599.01%