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• Revenue: +13.9% (1Q10)
• Net Profit: +161.4% (1Q10)
• Press Release: Revenue increases 13.9% to S$56.6 million
• Gross Profit margin at 22.1%, up 9.7 percentage points
• Net Profit surges 161.4% to S$7.5 million
• Earnings per share at 2.46 cents for 1QFY2010
• Outlook: The outlook for the oil-and -gas, petrochemical and pharmaceutical industries has improved in view of the recovery of oil prices which invariably benefit s the industries we serve.
• The Directors of the Company therefore expect the Group to remain profitable for FY 2010.
• As at the date of this announcement, the Group's outstanding order book stands at approximately S$178 million (S$186 million as at 22 May 2009).

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 56,648
2009 49,746 51,979 71,255 51,359 224,339
2008 39,041 57,791 33,794 44,159 174,785

FY 1H 2H Total
2007 85,583 95,206 180,789
2006 54,371 56,448 110,819
2005 37,587 30,482 68,069
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 7,472
2009 2,859 1,232 4,785 4,090 12,967
2008 1,600 2,401 1,315 1,363 6,679

FY 1H 2H Total
2007 7,504 7,842 15,436
2006 2,221 3,388 5,609
2005 305 652 957
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Dividends

FY Interim Final Special (SGD)
2009 0.005 0.015 NA
2008 0.020 0.005 NA
2007 0.100 0.01- 0.04
2006 NA 0.05 0.015
2005 NA 0.005 0.005
2004 NA 0.005 NA
2003 NA 0.005 0.01
2002 NA 0.005 NA
2001 NA 0.005 0.003
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Bonus / Rights / Stock Split

Date Type Details
2006-10-23 Rights OFFER OF 1 FOR 2 @ $0.16
2001-08-10 Bonus OFFER OF 1 FOR 2
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Share Data (SGD)

NAV = $0.208
EPS = $0.0246 (3M FY10)
No of Shares = 303,750,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA