Financial Snapshots

FINANCIAL YEAR	FY2022	FY2021	FY2020	FY2019	FY2018
FINANCIAL RESULTS	$’000	$’000	$’000	$’000	$’000
Revenue	1,033,404	742,931	749,451	720,925	691,645
Operating Profit ¹	212,551	119,888	95,994	89,227	65,861
Profit Before Taxation	204,513	109,891	95,076	90,049	64,759
Profit After Tax	157,012	84,538	77,359	71,404	50,725
FINANCIAL POSITIONS	$’000	$’000	$’000	$’000	$’000
Net Asset Value	751,599	679,951	607,752	560,244	507,140
Inventories	254,126	259,096	286,425	286,356	282,479
Cash and Bank Balances	323,360	247,872	183,131	180,971	180,496
Loans and Borrowings	111,037	105,121	64,467	14,972	49,655
Free Cash Flow ²	181,032	136,265	68,607	46,931	74,181
FINANCIAL RATIOS
Gross Margin (%)	32.7	29.2	28.8	27.0	24.2
Operating Margin (%) ¹	20.6	16.1	12.8	12.4	9.5
Net Margin (%)	15.2	11.4	10.3	9.9	7.3
Inventory Turnover Ratio	2.7	2.0	1.9	1.8	1.9
Debt/Equity Ratio (%)	14.8	15.5	10.6	2.7	9.8
Earning per Share (cents)	22.34	11.71	10.79	9.99	7.07
Net Asset Value per Ordinary Share ($)	1.10	0.97	0.86	0.79	0.72

1. Excluding fair value adjustment on investment properties, impairment loss on property, plant and equipment and goodwill.
2. Free cash flow refers to net cash flow from operating activities less operating capital expenditure and payment of lease liabilities.