Ann: Appendix 4C - quarterly, page-27

I think the biggest holdup on revenue this quarter would have been the inability to deliver product to China. Part of that large 80mil order would be still sitting in a boat somewhere unable to be delivered. The Daigou was also affected. Until logistics between Australia and China are back to normal its hard to tell the future. Jatcorp product is still in demand I would say.

Its good that Jatcorp raised Gross profit % from 10% last financial year to 24% in the first half of this year. Good higher margin Sunnya sales in march quarter will be balanced by lower this quarter. There still should be around 24% margin on the $63mil around $15mil Gross profit. It is unknown if there will be any net profit left out of this but it will be a big improvement on the $20m net loss last year.

I think Jatcorp has done the best they could have done in these difficult times.

GLTAH DYOR