Profit and Loss Statement
For the period ended
2008
Q4 Q3 Q2 Q1
31-Dec 30-Sep 30-Jun 31-Mar
US$'000 US$'000 US$'000 US$'000
Revenue      25,074      31,385      28,916      23,957
Cost of sales    (24,337)    (25,952)    (23,747)    (18,787)
Gross profit            737        5,433        5,169        5,170
Gross profit margin 2.9% 17.3% 17.9% 21.6%
Other operating income               -              129            214            235
Sales and marketing expenses       (1,404)       (1,696)       (1,445)       (1,273)
General and administrative expenses
Allowance for doubtful receivables, net          (759)              72            852            738
Others       (2,396)       (2,174)       (2,177)       (2,071)
      (3,155)       (2,102)       (1,325)       (1,333)
Other operating expenses            (44)               (9)            (70)            (11)
      (3,866)        1,755        2,543        2,788
Exchange differences          (145)          (318)          (678)       (1,167)
Operating income       (4,011)        1,437        1,865        1,621
Operating margin -16.0% 4.6% 6.4% 6.8%
Finance income/(expenses)
Interest income            131              86              78              44
Interest expenses               -              (27)               (5)               (6)
           131              59              73              38
      (3,880)        1,496        1,938        1,659
Share of result of associates          (462)              45          (152)            (55)
Profit before tax       (4,342)        1,541        1,786        1,604
Income tax refund/(expenses)        1,397          (638)          (402)          (284)
Profit for the year       (2,945)            903        1,384        1,320
Net profit margin -11.7% 2.9% 4.8% 5.5%
Attributable to:
Equity holders of the parent       (2,107)            811        1,307        1,269
Minority interests          (838)              92              77              51
      (2,945)            903        1,384        1,320
Basic and fully diluted earnings per share
US cents           (0.3)             0.1 0.2 0.2