PLASTEC TECHNOLOGIES LTD (OTC:PLTYF)

Thursday, September 16, 2010

	Audited			Audited			Estimated
	FY08			FY09			FY10
	US$'K			US$'K			US$'K

Sales		126,437			117,108			123,943
Costs of sales		(98,193	)		(96,109	)		(103,870	)
Gross profit		28,244			20,999			20,073
Margin		22.3	%		17.9	%		16.2	%
Selling and admin exp		(8,703	)		(8,877	)		(8,144	)
EBIT		19,541			12,122			11,929
Margin		15.5	%		10.4	%		9.6	%
Other incomes		331			300			748
Total operating profit		19,872			12,423			12,677
P/L on disposal of Fixed Assets		(20	)		(3,722	)		(5,173	)
Finance costs		(1,036	)		(687	)		(350	)
Profit before tax		18,816			8,014			7,153
Income tax		(1,108	)		(99	)		(1,028	)
Net Income after tax		17,708			7,915			6,125
Adjusted Net Income		17,728			11,637			11,298

Supplementary Statistics
EBITDA		29,770			25,368			27,620
EBITDA margin		23.5	%		21.7	%		22.3	%