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Highlights - Q4
 
The Group has continued its strong growth both in revenues and margins and more than doubled its revenues year-to-date compared to corresponding period 2004.
 
The Group turned its negative operating profit in Q4 2004 to a strong positive operating profit in Q4 2005 due to an improved gross profit margin, increasing to 56.5% from 37.7% in fourth quarter of 2004.
 
The current market situation and outlook remains strong, however, oil prices and instability in the Middle East (including Iran) remains inherent risk factors.