Profit and Loss Statement
For the period ended
2007
Q4 Q3 Q2 Q1
31-Dec 30-Sep 30-Jun 31-Mar
US$'000 US$'000 US$'000 US$'000
Revenue      38,159      36,944      25,230      21,652
Cost of sales    (27,462)    (27,225)    (19,138)    (16,237)
Gross profit      10,697        9,719        6,092        5,415
Gross profit margin 28.0% 26.3% 24.1% 25.0%
Other operating income             82           118           183           157
Sales and marketing expenses         (654)      (1,302)      (1,126)      (1,141)
General and administrative expenses
Allowance for doubtful receivables, net         (270)         (867)      (1,060)         (339)
Others      (2,147)      (2,163)      (1,883)      (1,678)
     (2,417)      (3,030)      (2,943)      (2,017)
Other operating expenses           (54)           (26)           (26)           (31)
       7,654        5,479        2,180        2,383
Exchange differences         (495)         (342)         (388)         (329)
Operating income        7,159        5,137        1,792        2,054
Operating margin 18.8% 13.9% 7.1% 9.5%
Finance income/(expenses)
Interest income           128             89           125           184
Interest expenses             (4)             (4)             (5)             (5)
          124             85           120           179
       7,283        5,222        1,912        2,233
Share of result of associates           (84)           (28)           (44)             (1)
Profit before tax        7,199        5,194        1,868        2,232
Income tax refund/(expenses)         (316)         (478)           509         (209)
Profit for the year        6,883        4,716        2,377        2,023
Net profit margin 18.0% 12.8% 9.4% 9.3%
Attributable to:
Equity holders of the parent        6,875        4,550        2,324        2,049
Minority interests               8           166             53           (26)
       6,883        4,716        2,377        2,023
Basic and fully diluted earnings per share
US cents            1.0            0.6 0.3 0.3