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Financial Highlights

Result of Operations (including discontinued operations)
Year Ended 31 December
$'000
2002
2003
2004
2005
2006
Sale
131,355
188,147
207,532
89,376
3,171
Profit before income tax
14,801
3,706
4,014
2,282
2,272
Income tax expense
(577)
(1,721)
(1,889)
(1,347)
(439)
Profit after tax
14,224
1,985
2,125
935
1,833
Minority interests
(514)
(1,479)
(1,272)
9
(338)
Profit attributable to equity holders
13,710
506
853
944
1,495
Earnings per share (in cents)*
Basic
11.04
0.41
0.69
0.76
1.20
Diluted
11.04
0.41
0.69
0.76
1.20

Financial Position
As at 31 December
$'000
2002
2003
2004
2005
2006
Property, plant and equipment
43,853
39,760
35,991
6,909
6,423
Other long-term assets
15,467
8,241
8,888
4,772
4,772
Financial assets available for sales
-
-
-
-
1,475
Investment in associates
2,112
1,782
1,184
33,072
33,789
Intangibles
(3,750)
(3,595)
(3,159)
-
-
Net current assets
40,844
41,331
42,112
30,859
24,761
Deferred tax liabilities
(979)
(1,001)
(987)
-
-
Borrowings
(14,517)
(10,222)
(7,532)
(10,002)
(7,682)
Other long-term liabilities
-
-
-
(439)
(268)
Long-term loan due to ultimate holding company
(3,746)
-
-
-
-
Long-term loan due to related companies
(4,411)
-
-
-
-
74,873
76,296
76,497
65,171
63,270
Share capital
24,840
24,840
24,840
34,420
34,420
Share premium
9,580
9,580
9,580
-
-
Capital and other reserves
1,449
776
(95)
1,005
(2,114)
Retained earnings
14,108
14,609
15,157
18,080
19,572
49,977
49,805
49,482
53,505
51,878
Minority interests
24,896
26,491
27,015
11,666
11,392
74,873
76,296
76,497
65,171
63,270

* The earnings per share are based on the weighted average share capital of 124,200,000 shares for 2002 to 2006. In 2002, 2003, 2004, 2005 and 2006, diluted earnings per share are based on weighted average share capital of 124,419,000, 124,309,000, 124,202,000, 124,200,000 and 124,200,000 ordinary shares respectively. The weighted average share capital has been adjusted for share under options. The net asset value per share is based on issued share capital of 124,200,000 shares in 2002 to 2006.

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