!"#$%!&' )##"*#+$, -.

/0-1
2$,*34,5 6$4, 67894, "# 2$87"#&3
:';&#,7"#

1 "uioss Piofit" is uefineu as the uiffeience between "Revenue" anu " Nateiial Costs"
2 Computeu baseu on the weighteu aveiage oiuinaiy shaie capital of SSS,8uu,uuu shaies.
S Computeu baseu on pie-IP0 shaie capital of Suu,uuu,uuu shaies.

67#8&;"<$= -- )*8*,4 /0-1 - NoneyNax Financial Seivices Ltu. ("NoneyNax"
oi "the Company") - a leauing pawnbiokei, ietailei anu tiauei of pie-owneu
jewelleiy anu watches which is puisuing a iegional expansion stiategy while
iecoveiing fiom a shaip fall in golu piices last yeai - announceu touay its iesults
foi the six months enueu Su }une 2u14 ("1B-2u14").

The SuX Catalist-listeu Company anu its subsiuiaiies ("the uioup") iepoiteu a
2S.9% giowth in 1B2u14 ievenue to S$S4.4 million fiom S$27.S million a yeai
ago ("1B-2u1S") mainly uue to incieaseu tiauing of pie-owneu jewelleiy anu
watches - mostly in fiist quaitei enueu S1 Naich 2u14 ("Q1-2u14") -
accumulateu fiom last yeai anu ueemeu unsuitable foi ietail sales, as well as
impioveu ietail sales this quaitei when golu piices iecoveieu mouestly.

Bue to the lowei yielus fiom tiauing compaieu to that of ietail sales, coupleu
with lowei fluctuations in golu piices in the seconu quaitei enueu Su }une 2u14
("Q2-2u14") compaieu to the equivalent quaitei last yeai ("Q2-2u1S"),
NoneyNax's Q2-2u14 gioss piofit giew 27.1% to S$6.1 million, while 1B-2u14
gioss piofit giew 11.7% to S$11.S million. Consequentially, gioss piofit maigin
impioveu to S9.9% fiom SS.7% quaitei-on-quaitei.

The uioup hau announceu uuiing its public listing last August a multi-piongeu
stiategy to soliuify maiket leaueiship, builu a stiong bianu anu to iefuibish
existing stoies. In line with this, it launcheu S new outlets in Q2-2u14 to biing its
total outlets in Singapoie to S7 cuiiently.

As a iesult of the expansion in Singapoie, the uioup incuiieu highei expenses
this quaitei - employee benefits expense iose 24.1% with moie heaucount while
uepieciation anu amoitization expense incieaseu 9S.S% uue to highei
!!"#$%%%& >/?
/0-1
>/?
/0-@
A9&#8$
BCD
-.?
/0-1
-.?
/0-@
A9&#8$
BCD
2$E$#*$ 1S,2S8 14,197 7.S S4,422 27,S4S 2S.9
F<",, G<"H74
-
6,u8S 4,786 27.1 11,47S 1u,277 11.7
F<",, G<"H74 !&<87# S9.9 SS.7 6.2 '( SS.S S7.6 (4.S) '(
I$4 G<"H74 )H4$< J&' 28S 174 62.6 721 1,7SS (S8.9)
:&<#7#8, ;$< 69&<$ "#
K*33% L73*4$M N&,7, !"#
*+,(&
u.u8
2
u.u6
S
SS.S u.2u
2
u.S9
S
(66.1)

uepieciation in ienovation anu plant anu equipment ielateu to the launch of new
outlets anu iefuibishment of existing stoies.

In line with this stiategy, NoneyNax announceu on 2u }une 2u14 that it will
invest RN1S.6 million - funueu by inteinal iesouices anu boiiowings - to take a
S1.u% stake in a Nalaysian netwoik of initially eight pawnshops to kick-stait its
iegional expansion. It plans to giow its Nalaysian netwoik substantially ovei
the next few yeais.

While it is still in the piocess of iecoveiing fiom last yeai's shaip uecline in golu
piices anu in view of the above, the uioup iepoiteu Q2-2u14 net piofit aftei tax
("NPAT") of S$28S,uuu compaieu to S$174,uuu a yeai ago, while 1B2u14 NPAT
ueclineu to S$721,uuu fiom S$1.8 million in 1B2u1S.

Eainings pei shaie on a fully uiluteu basis ueclineu to u.2u cent in 1B-2u14 fiom
u.S9 cent in 1B-2u1S. The uioup's net asset value pei shaie as at Su }une 2u14
stoou at 16.27 cents compaieu to 16.S7 cents as at S1 Becembei 2u1S uue in
pait to the payment of uiviuenus in Q2-2u14.

Commenting on the iesults, Executive Chaiiman anu Chief Executive 0fficei, Ni.
Petei Lim, saiu: "While woiking aggiessively to iecovei fiom the impact of
volatile golu piices last yeai, we iemain committeu to oui long-teim giowth anu
intenu to soliuify oui maiket leaueiship thiough iegional expansion."

"In view of intense competition anu escalating costs in Singapoie, we intenu to
leveiage on oui pioven piocesses anu stiong bianu thiough stiategic
paitneiships oi acquisitions in select oveiseas maikets. This will allow us to
ieap gieatei economies of scale anu enhance shaieholuei value."

Baiiing any unfoieseen ciicumstances anu laige fluctuations in golu piices, the
uioup is cautiously optimistic on its financial peifoimance foi the cuiient
financial yeai.

OOO :#M OOO

-../+0 1, 2+3456 16 (3+ 781/' 9: ;+<= *1,./5(4,(. >(+ ?(0

!$M7& P Q#E$,4"< A"#4&+4 Q#H"<R&47"#
WeR1 Consultants Pte Ltu
S8A Ciiculai Roau
Singapoie u49S94
Tel: (6S) 67S7 4844 | Fax: (6S) 67S7 4944
Amelia Lee: Ameliawei1.net
Sheiyl Sim: Sheiylwei1.net


)S"*4 !"#$%!&' K7#&#+7&3 6$<E7+$, T4MU
Listeu on SuX Catalist since 2 August 2u1S, NoneyNax Financial Seivices Ltu.
("NoneyNax") is a pawnbiokei, ietailei anu tiauei of pie-owneu jewelleiy anu
watches. Since establishing its fiist outlet in Yishun in 2uu8, NoneyNax quickly
expanueu its ieach to the mass maiket. Touay, NoneyNax is one of the laigest
pawnbioking chains in Singapoie, with S7 outlets conveniently anu stiategically
locateu acioss the islanu.
NoneyNax is piouu to be awaiueu the -"@A%%= !-"@A%%=BC%%D& foi its
commitment in meeting anu ueliveiing customeis' satisfaction anu *4.+E8/.(
FGG8+0H(+0 >4I,281J+8 in Singapoie foi faii tiauing anu tianspaiency. It is also a
iecipient of the "H,K4'18+ LMG+55+,( "+8NHG+ FI480 commissioneu by "><-O7
"H,K4'18+.

MoneyMax Financial Services Ltd. (the Company) was listed on Catalist of the Singapore
Exchange Securities Trading Limited (the SGX-ST) on 2 August 2013. The initial public
offering (the IPO) of the Company was sponsored by United Overseas Bank Limited (the
Sponsor).

This announcement has been prepared by the Company and its contents have been
reviewed by the Sponsor, for compliance with the relevant rules of the SGX-ST. The Sponsor
has not independently verified the contents of this announcement.

The announcement has not been examined or approved by the SGX-ST. The Sponsor and
the SGX-ST assume no responsibility for the contents of this announcement, including the
correctness of any of the statements or opinions made or reports contained in this
announcement.

The contact persons for the Sponsor are Mr Khong Choun Mun, Managing Director,
Corporate Finance and Mr David Tham, Senior Director, Corporate Finance, who can be
contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, Telephone: +65
6539 1177.