200809Annual ResultsJuly 2009.ppt

Disclaimer Company Overview Agenda Accomplishments Financial Overview Business Overview Future Plans and Development Strategies Accomplishments Accomplishments Financial Overview Revenue by Trading Product Types Net Profit Consolidated Income Statements Utilization of IPO Proceeds Business Overview Strong Market Demand The drop in oil price led to a surge in demand over the PRC market The quantity of crude oil sold amounted to 8.2 million BBL which was 2.6 million BBL more than previous year The decline in trading of petroleum products was attributable to the decrease in demand With continuous effort in developing the petrochemical market, the Group has expanded its customer base and revenue sources to Asia region Bank Facilities Acquisition of Oil Tanker Completed the acquisition of a single hulled oil tanker on 29 June 2009 at a consideration of US$24,000,000 (equivalent to approx. HK$187,200,000) With a gross tonnage of approx. 142,639 metric tons and deadweight of 265,243 metric tons Approx. 2/3 of the capacity to be used as a floating storage facility for self storage of oil products, while the remaining capacity will be leased out to external customers Strengthens: Strengthens and facilitates oil productstrading business Broaden revenue base Save storage expenses forself storage of oil productsProvide value addedservices to our customers Future Plans andDevelopmentStrategies Driving Growth Strategies Investment Highlights Established Relationships withCounterparties and Bankers Prudent Financial and Risk Management Policies Prompt Decision-making Capabilityand Niche Trading Strategy Mission 2008/09Annual Results July 2009 * For identification purposes only * Stock Code: 852 IMPORTANT: The following forms part of, and should be read in conjunction with, the other material in this presentation. THIS PRESENTATION IS BEING FURNISHED TO YOU, THE RECIPIENT, SOLELY FOR YOUR INFORMATION AND NO PART OF THIS PRESENTATION MAY BE REPRODUCED (IN WHOLE OR