SINGER Key Growth Drivers and Financials

Financials - Profitability ratios Gross profit 3,500 Gross profit and total overheads 35% 3,000 28.7% 3,000 30% Δ 2,500 28.5% 2,500 26.7% 2,000 1,500 1,000 500 Notes: 1. 2. 25% 2,000 20% 1,500 18.6% 15% 1,000 10% 5% 500 0% 2015 2016 2017 Gross Profit BDT million % of revenue For 12 months ended 31 December 2017 Gross profit includes associate company income (IAL) 2015 S Operating expenses 35% 30% 25% 17.7% 18.4% 20% Δ 15% 2016 Operating expenses BDT million 2017 % of revenue 10% 5% 0% 14

View entire presentation