Profit and Loss Statement
For the year ended 31 December
	2007	2006	Increase/(Decrease)
	US$'000	US$'000	US$'000	%
Revenue	121,985	107,657	14,328	13.3%
Cost of sales	(90,062)	(76,400)	(13,662)	17.9%
Gross profit	31,923	31,257	666	2.1%
Gross profit margin	26.2%	29.0%		-2.9%
Other operating income	540	421	119	28.3%
Sales and marketing expenses	(4,223)	(6,996)	2,773	-39.6%
General and administrative expenses
Allowance for doubtful receivables, net	(2,536)	(1,223)	(1,313)	107.4%
Others	(7,871)	(7,539)	(332)	4.4%
	(10,407)	(8,762)	(1,645)	18.8%
Other operating expenses	(137)	(311)	174	-55.9%
	17,696	15,609	2,087	13.4%
Exchange differences	(1,554)	(1,056)	(498)	47.2%
Operating income	16,142	14,553	1,589	10.9%
Operating margin	13.2%	13.5%		0.3%
Finance income/(expenses)
Interest income	526	620	(94)	-15.2%
Interest expenses	(18)	(20)	2	-10.0%
	508	600	(92)	-15.3%
	16,650	15,153	1,497	9.9%
Share of result of associates	(157)	(64)	(93)	NM
Profit before tax	16,493	15,089	1,404	9.3%
Income tax refund/(expenses)	(494)	(993)	499	-50.3%
Profit for the year	15,999	14,096	1,903	13.5%
Net profit margin	13.1%	13.1%		0.0%
Attributable to:
Equity holders of the parent	15,798	14,817	981	6.6%
Minority interests	201	(721)	922	NM
	15,999	14,096	1,903	13.5%
Basic and fully diluted earnings per share
US cents	2.2	2.1	0.1	4.8%
NM: Not meaningful