Profit and Loss Statement
For the period ended
2006
Q4 Q3 Q2 Q1
31-Dec 30-Sep 30-Jun 31-Mar
US$'000 US$'000 US$'000 US$'000
Revenue      28,191      27,862      25,702      25,902
Cost of sales    (19,555)    (19,900)    (19,329)    (17,616)
Gross profit        8,636        7,962        6,373        8,286
Gross profit margin 30.6% 28.6% 24.8% 32.0%
Other operating income            132            106              65            118
Sales and marketing expenses       (1,786)       (1,669)       (1,810)       (1,731)
General and administrative expenses
Allowance for doubtful receivables, net          (136)       (1,130)              55            (56)
Others       (2,176)       (1,835)       (1,810)       (1,674)
      (2,312)       (2,965)       (1,755)       (1,730)
Other operating expenses            (86)            (65)          (139)            (21)
       4,584        3,369        2,734        4,922
Exchange differences          (456)          (342)          (103)          (155)
Operating income        4,128        3,027        2,631        4,767
Operating margin 14.6% 10.9% 10.2% 18.4%
Finance income/(expenses)
Interest income            175            125            172            148
Interest expenses               (3)               (4)               (5)               (8)
           172            121            167            140
       4,300        3,148        2,798        4,907
Share of result of associates            (44)            (20)               -                 -  
Profit before tax        4,256        3,128        2,798        4,907
Income tax refund/(expenses)          (401)                8          (276)          (324)
Profit for the year        3,855        3,136        2,522        4,583
Net profit margin 13.7% 11.3% 9.8% 17.7%
Attributable to:
Equity holders of the parent        4,188        3,201        2,673        4,755
Minority interests          (333)            (65)          (151)          (172)
       3,855        3,136        2,522        4,583
Basic and fully diluted earnings per share
US cents 0.6             0.4 0.4 0.7