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• Revenue: +1.1% (2Q09), -0.1% (1H09)
• Net Profit: +11.5% (2Q09), +14.1% (1H09)
• Press Release: Benchmark improvement in net profit margin to 1.2% in 2Q 2009
• Marginal 1.1% rise in revenue as higher Distribution sales on renewed retail spending on desktops & notebooks mitigated lower Enterprise Systems sales
• 2Q 2009 total operating expenses trimmed to 3.3% of revenue from 3.5%
• Finance costs slashed by 77% on significant reduction in bank borrowings; net gearing down to 0.52 as at 30 June 2009 versus 0.78 year-ago
• Outlook: Although there are signs of economic recovery, the Group is still uncertain of the outlook ahead.
• With the cost efficient operational framework and working capital management initiatives already in-place, coupled with a diversified market it is in, the Directors are confident that in 3Q 2009 and FY 2009, ECS will remain profitable.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 715,181 758,839
2008 724,806 750,515 750,978 723,572 2,949,871
2007 621,464 688,735 754,327 724,891 2,789,415
2006 554,949 559,784 608,161 616,415 2,339,309
2005 456,017 491,557 511,228 577,476 2,036,278
2004 389,148 447,165 467,877 561,468 1,865,658
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 6,919 8,944
2008 5,888 8,020 7,595 7,883 29,386
2007 4,368 6,228 6,183 6,573 23,352
2006 3,333 5,286 5,502 5,931 20,052
2005 2,866 4,298 4,496 5,652 17,313
2004 2,116 3,322 3,736 4,288 13,463
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.027 NA
2007 NA 0.015 NA
2006 NA 0.015 NA
2005 NA 0.014 NA
2004 NA 0.008 NA
2003 NA 0.004 NA
2002 NA 0.006 NA
2001 NA 0.006 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (SGD)

NAV = $0.6631
EPS = $0.0434 (6M FY09)
No of Shares = 365,360,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA