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• Revenue: +1.5% (2Q11), -3.7% (1H11)
• Net Profit: -63.9% (2Q11), -42.5% (1H11)
  
• Press Release: PATMI declined 63.9% yoy despite higher sales due to higher labour and manufacturing cost
• Expects cost pressure to impact 2H2011 profitability despite expected higher sales
• Recommends interim dividend of 1 Singapore cent per share
  
• Outlook: The Group believes that its HDD business will record higher shipments in 2H2011 compared to 1H2011 in line with seasonal trend.
• However, it will continue to face weaker operating margin in 3Q2011 due to higher labour cost and start-up expenses from the new Chongqing facility.
• The Group will continue to focus on its business development efforts to build its customer base in the semiconductor industry and penetrate into new industries to diversify its revenue stream.
  
• Sales from the foam plastics division are expected to continue growing.
  
• The Group believes that its sales performance will continue to be strong in 2H2011.
  
• However, rising cost pressure may continue to affect its profitability in 2H2011.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2011 138,326 143,808
2010 151,117 141,736 144,729 157,676 595,258
2009 135,928 139,415 136,917 147,984 560,244
2008 165,831 134,692 170,985 146,287 617,795
2007 140,810 128,822 158,584 177,914 606,130

FY 1H 2H Total
2006 245,581 281,052 526,633
2005 223,536 258,154 481,690
2004 106,156 161,060 267,216
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2011 9,082 3,725
2010 11,942 10,331 12,534 10,162 44,969
2009 5,393 7,661 8,658 10,056 31,768
2008 9,932 5,972 2,710 3,771 22,385
2007 5,248 3,695 6,467 12,211 27,621

FY 1H 2H Total
2006 8,330 12,385 20,715
2005 10,043 8,293 18,336
2004 6,024 5,240 11,264
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Dividends

FY Interim Final Special (SGD)
2011 0.01
2010 0.02 0.02 NA
2009 0.01 0.02 NA
2008 0.01 0.01 NA
2007 0.01 0.01 NA
2006 NA 0.006 NA
2005 NA 0.006 NA
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Bonus / Rights / Stock Split

Date Type Details
2011-05-13 BONUS OFFER OF 1 FOR 1
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Share Data (SGD)

NAV = $0.5446
EPS = $0.0308 (6M FY11)
Diluted EPS = $0.0307 (6M FY11)
No of Shares = 415,962,168