Interim Financial Statements and Dividend Announcement

Multi-Chem Limited
Registration No. 198500318Z
Interim Financial Statements and Dividend Announcement
For the financial period from 1 January 2013 to 31 March 2013
A review of the financial performance of the group, to the extent necessary for a reasonable
understanding of the group’s business. It must include a discussion of the following:-
(a) any significant factors that affected the turnover, costs, and earnings of the group for the current
financial period reported on, including (where applicable) seasonable or cyclical factors;
and
(b) any material factors that affected the cash flow, working capital, assets or liabilities of the group
during the current financial period reported on.
REVENUE
The Group achieved a turnover of $54.1m for the three months ended 31 March 2013 (“1Q2013”), a decrease
of 8.9% or $5.3m compared to the revenue of $59.4m for the three months ended 31 March 2012 (“1Q2012”).
Comparing 1Q2013 to three months ended 31 December 2012 (“4Q2012”), the Group revenue decreased by
12.6% or $7.8m, from $61.9m to $54.1m mainly due to a traditionally slower first quarter and poor economic
conditions.
For 1Q2013, the IT distribution business accounted for 92.0% of Group revenue, while the manufacturing
service accounted for the remaining 8.0% of Group revenue.
Multi-Chem Limited, Page 10 of 22