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• Revenue: +28.7%
• Net Profit: +59.1%
• Outlook: Despite the globle economic crisis in the first half of FY2009 the group is able to maintain a steady sales growth.
• The group expects operating environment to remains challenging over the next 12 months as paper and oil prices shown an upward trend in second quarter of 2009.
• However, the Group will minimise the impact by taking various measures to strengthen its businesses and build on its strengths to meet the challenges
  ahead.
• Barring the unforeseen circumstances, the Group will continue to remain profitable in FY2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2009 52,859
2008 41,075 55,278 96,353
2007 33,939 40,679 74,618
2006 24,421 30,405 54,826
2005 19,433 26,025 45,458
2004 NA 18,697 NA
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Earnings (SGD '000)

FY 1H 2H Total
2009 3,009
2008 1,891 848 2,739
2007 4,782 998 5,780
2006 872 1,450 2,322
2005 1,474 1,074 2,548
2004 NA 1,017 NA
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Dividends

FY Interim Final Special (SGD)
2009 0.01
2008 NA NA NA
2007 NA NA 0.015
2006 NA 0.0075 NA
2005 NA 0.01 NA
2004 NA 0.01 0.02
2003 NA 0.01 NA
2002 NA 0.01 0.006
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data

NAV = $0.354
EPS = $0.0191 (6M FY09)
No of Shares = 157,200,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA