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• Revenue: -14.2% (1Q10)
• Net Profit: +31.7% (1Q10)
• Press Release: 1QFY2010 Net Profit Attributable to Shareholders Up 31.7% to HK$160.9 MLN
• Gross profit margin jumps from 15.8% to 19.6%, reflecting the success of the Group’s further efforts to enhance fleet utilisation and operational efficiency
• Optimisation of product mix and greater economies of scale drives higher profitability
• The Group continues to secure access to under-utilised and abundant fishery resources
• Outlook: The Group’s proven strategy of securing access to under-utilised and abundant fishery resources to meet the growing needs of health and value-conscious consumers worldwide continues to drive sustainable growth and development.
• As a leader in global supply chain management of quality seafood with integrated operations across fishing, sourcing, transportation and logistics – the Group will continue to provide safe, nutritious and responsibly-harvested products for consumers worldwide.
• In tandem, the Group shall continue to further improve fleet utilisation and operating efficiencies.
• Barring any unforeseen circumstances, with a continued strong demand for fish products, higher operating efficiencies and lower fuel costs, the Group is optimistic of its performance for FY2010.

FINANCIAL RECORDS

Revenue (HKD '000)

FY 1Q 2Q 3Q 4Q Total
2010 2,023,218
2009 2,357,110 1,525,595 1,562,094 2,402,016 7,846,815
2008 2,138,022 1,587,164 1,113,018 2,166,795 7,005,359
2007 1,500,199 751,853 732,104 2,308,840 5,292,996
2006 804,888 622,655 662,374 1,464,829 3,554,746
2005 475,135 564,215 542,553 1,310,132 2,892,035
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Earnings (HKD '000)

FY 1Q 2Q 3Q 4Q Total
2010 160,907
2009 122,141 93,493 87,119 361,566 664,319
2008 96,834 85,116 78,804 220,203 480,957
2007 67,958 58,228 31,103 226,989 384,278
2006 40,712 46,603 25,881 144,179 257,375
2005 15,491 34,469 17,189 87,535 154,684
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Dividends

FY Interim Final Special (SGD)
2009 NA NA NA
2008 NA 0.0207 NA
2007 0.013 0.0054 NA
2006 NA 0.0182 NA
2005 NA 0.0163 NA
2004 NA 0.0125 NA
2003 NA 0.0110 NA
2002 NA 0.0100 NA
2001 NA 0.0150 NA
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Bonus / Rights / Stock Split

Date Type Details
2007-06-20 Rights OFFER OF 1 FOR 1 @ $0.52
2002-06-07 Bonus NEW S$ SHARES OFFER OF 17 FOR 100
2002-06-07 Bonus BONUS WARRANTS OFFER OF 1 FOR 2
1997-09-17 Bonus OFFER OF 1 FOR 4
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Share Data (HKD)

NAV = $3.32
EPS = $0.1157 (3M FY10)
Diluted EPS = $0.1138 (3M FY10)
No of Shares = 1,391,189,163
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA