Profit and Loss Statement
For the period ended
	2005
	Q4	Q3	Q2	Q1
	31-Dec	30-Sep	30-Jun	31-Mar
	US$'000	US$'000	US$'000	US$'000
Revenue	27,270	17,456	16,267	13,899
Cost of sales	(16,771)	(13,181)	(11,636)	(9,182)
Gross profit	10,499	4,275	4,631	4,717
Gross profit margin	38.5%	24.5%	28.5%	33.9%
Other operating income	71	11	68	26
Sales and marketing expenses	(1,983)	(990)	(1,154)	(1,012)
General and administrative expenses
Allowance for doubtful receivables, net	(1,490)	(133)	(500)	(70)
Others	(1,624)	(1,524)	(1,722)	(1,183)
	(3,114)	(1,657)	(2,222)	(1,253)
Other operating expenses	(31)	-	(14)	(12)
	5,442	1,639	1,309	2,466
Exchange differences	8	(372)	(164)	(254)
Operating income	5,450	1,267	1,145	2,212
Operating margin	20.0%	7.3%	7.0%	15.9%
Finance income/(expenses)
Interest income	165	111	120	116
Interest expenses	(12)	(46)	(65)	(77)
	153	65	55	39
Profit before tax	5,603	1,332	1,200	2,251
Income tax refund/(expenses)	(433)	145	(50)	(110)
Profit for the year	5,170	1,477	1,150	2,141
Net profit margin	19.0%	8.5%	7.1%	15.4%
Attributable to:
Equity holders of the parent	5,332	1,665	1,245	2,148
Minority interests	(162)	(188)	(95)	(7)
	5,170	1,477	1,150	2,141
Basic and fully diluted earnings per share
US cents	0.7	0.2	0.2	0.3