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• Revenue: -49.4% (2Q09), -46.6% (1H09)
• Net Profit: -87.7% (2Q09), -91.1% (1H09)
• Outlook: The credit market remains tight over the near term as domestic lenders adjust lending policies to reduce potential credit risks.
• The Group remains in a net current liabilities position.
• While it has existing secured and unsecured credit facilities with various domestic and foreign financial institutions, the Group is monitoring closely the bank tightening policies towards the steel industry.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,606,147 1,889,478
2008 2,817,980 3,730,665

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2008 559,123 737,638 637,540 338,150 2,272,451
2007 272,488 373,678 399,321 496,499 1,541,986
2006 206,111 265,758 243,954 229,523 945,346
2005 223,885 237,733 215,402 183,944 860,964
2004 189,469 147,253 196,320 160,463 693,505
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 (5,545) 34,894
2008 46,308 283,520

Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2008 9,188 63,908 (11,883) (129,193) (75,764)
2007 34,596 50,256 24,707 (7,922) 93,759
2006 14,957 46,099 37,804 32,366 131,226
2005 34,880 51,727 27,165 7,761 121,533
2004 14,474 (4,092) 13,771 14,528 38,681
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 NA 0.0415 NA
2006 NA 0.0150 NA
2005 NA 0.0045 NA
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Bonus / Rights / Stock Split

Date Type Details
2007-05-17 Share Consolidation SHCONSO OFFER OF 1 FOR 10
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Share Data (RMB)

NAV = $2.609
EPS = $0.0548 (6M FY09)
Diluted EPS = $0.0548 (6M FY09)
No of Shares = 535,478,498
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA