Profit and Loss Statement
For the year ended 31 December
	2008	2007	2006	2005	2004
	US$'000	US$'000	US$'000	US$'000	US$'000
Revenue	109,332	121,985	107,657	74,892	58,550
Cost of sales	(92,823)	(90,062)	(76,400)	(50,770)	(34,681)
Gross profit	16,509	31,923	31,257	24,122	23,869
Gross profit margin	15.1%	26.2%	29.0%	32.2%	40.8%
Other operating income	545	540	421	184	229
Sales and marketing expenses	(5,818)	(4,223)	(6,996)	(5,139)	(4,672)
General and administrative expenses
Allowance for doubtful receivables, net	903	(2,536)	(1,223)	(2,188)	(654)
Others	(8,785)	(7,871)	(7,539)	(6,075)	(4,094)
	(7,882)	(10,407)	(8,762)	(8,263)	(4,748)
Other operating expenses	(134)	(137)	(311)	(48)	(107)
	3,220	17,696	15,609	10,856	14,571
Exchange differences	(2,308)	(1,554)	(1,056)	(782)	347
Operating income	912	16,142	14,553	10,074	14,918
Operating margin	0.8%	13.2%	13.5%	13.5%	25.5%
Finance income/(expenses)
Interest income	339	526	620	512	137
Interest expenses	(38)	(18)	(20)	(200)	(195)
	301	508	600	312	(58)
	1,213	16,650	15,153	10,386	14,860
Share of result of associates	(624)	(157)	(64)	-	-
Profit before tax	589	16,493	15,089	10,386	14,860
Income tax refund/(expenses)	73	(494)	(993)	(448)	-
Profit for the year	662	15,999	14,096	9,938	14,860
Net profit margin	0.6%	13.1%	13.1%	13.3%	25.4%
Attributable to:
Equity holders of the parent	1,280	15,798	14,817	10,390	14,782
Minority interests	(618)	201	(721)	(452)	78
	662	15,999	14,096	9,938	14,860
Basic and fully diluted earnings per share
US cents	0.2	2.2	2.1	1.4	2.3