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Giordano International Limited (Stock code: 709) August 27, 2009 (Thursday )

2009 Interim Results. Giordano International Limited (Stock code: 709) August 27, 2009 (Thursday ). Group Financial Highlights (Continuing operations).

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Giordano International Limited (Stock code: 709) August 27, 2009 (Thursday )

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  1. 2009 Interim Results Giordano International Limited (Stock code: 709) August 27, 2009 (Thursday)

  2. Group Financial Highlights(Continuing operations) 1 1H08 profit inclusive of HK$33M China reinvestment tax credit and HK$17M gain on disposal. Excluding non-recurring items, 1H09 operating profit declined by 68.7% and profit attributable to shareholders declined by 70.7% YOY. Giordano 2009 Interim Results

  3. Group Financial Highlights 1 Continuing and discontinuing operations combined 2 Inclusive of HK$33M China reinvestment tax credit 3 Inventory held at period end divided by turnover times number of days for the period 4 As at December 31, 2008 Giordano 2009 Interim Results

  4. Retail & Distribution Giordano 2009 Interim Results

  5. Retail & Distribution turnover by brand For the six months ended June 30, 2009 Others 1% ( 0%) 1 BSX 4% (5%) 1 Giordano Concepts 3% (5%) 1 Giordano Ladies 6% (6%) 1 Giordano & Junior 86% (84%) 1 1 YOY figures in brackets Giordano 2009 Interim Results

  6. 1 In local currency for self-operated outlets which were open for the full 6 months in each of the two fiscal years under comparison Giordano 2009 Interim Results

  7. 1 In local currency for self-operated outlets which were open for the full 6 months in each of the two fiscal years under comparison Giordano 2009 Interim Results

  8. Retail & Distribution turnover by market For the six months ended June 30, 2009 Mainland China 42% (39%) 1 Other self-operated markets 2 11% (11%) 1 Australia, 4% (5%) 1 Singapore, 8% (9%) 1 Taiwan, 15% (16%) 1 Hong Kong & Macau, 20% (20%) 1 1YOY figures in brackets 2 Includes Malaysia, Thailand, Indonesia and Japan Giordano 2009 Interim Results

  9. Performance review : Group markets 1 In local currency for self-operated outlets which were open for the full 6 months in each of the two fiscal years under comparison Giordano 2009 Interim Results

  10. Performance review : Group markets 1 In local currency for self-operated outlets which were open for the full 6 months in each of the two fiscal years under comparison Giordano 2009 Interim Results

  11. Performance review : Non-consolidated markets 1 In local currency for outlets which were open for the full 6 months in each of the two fiscal years under comparison Giordano 2009 Interim Results

  12. 2H09 growth & profit drivers • Resume expansion in Mainland China. Target to add at least the same number of stores as 2H08 (ie 50) and support expansion program with increased A&P • Inventory levels are healthy (ITOS = 25 days as at 30 June 2009). Focus on rebuilding margins in all markets • Gross margin in Hong Kong, Taiwan and Singapore began trending up June and July • Continue to collaborate with suppliers on low FOB products • Develop differentiated products with higher prices and margins • New 5,500 sq m design centre in Dongguan opened in August with 200 design and product development and sourcing staff Giordano 2009 Interim Results

  13. Giordano 2009 Interim Results

  14. Q&A 2009 Interim Results Giordano International Limited(Stock code: 709)

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