[3A] QoQ Annualized Quarter Result on 31-Mar-2003 [#1]

Announcement Date
28-Apr-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 6.72%
YoY--%
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Annualized Quarter Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 40,501 38,732 37,010 34,928 23,781 20,080 12,136 122.82%
PBT 3,234 3,016 2,890 2,504 2,587 2,429 2,118 32.49%
Tax -615 -672 -576 -504 -713 -558 -400 33.10%
NP 2,619 2,344 2,314 2,000 1,874 1,870 1,718 32.35%
-
NP to SH 2,619 2,344 2,314 2,000 1,874 1,870 1,718 32.35%
-
Tax Rate 19.02% 22.28% 19.93% 20.13% 27.56% 22.97% 18.89% -
Total Cost 37,882 36,388 34,696 32,928 21,907 18,209 10,418 135.90%
-
Net Worth 33,178 32,299 31,685 30,916 19,109 32,268 23,243 26.69%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 33,178 32,299 31,685 30,916 19,109 32,268 23,243 26.69%
NOSH 140,053 139,523 139,397 138,888 80,429 140,299 101,058 24.22%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 6.47% 6.05% 6.25% 5.73% 7.88% 9.32% 14.16% -
ROE 7.89% 7.26% 7.30% 6.47% 9.81% 5.80% 7.39% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 28.92 27.76 26.55 25.15 29.57 14.31 12.01 79.36%
EPS 1.87 1.68 1.66 1.44 2.33 1.33 1.70 6.54%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2369 0.2315 0.2273 0.2226 0.2376 0.23 0.23 1.98%
Adjusted Per Share Value based on latest NOSH - 138,888
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 8.23 7.87 7.52 7.10 4.83 4.08 2.47 122.59%
EPS 0.53 0.48 0.47 0.41 0.38 0.38 0.35 31.76%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0674 0.0656 0.0644 0.0628 0.0388 0.0656 0.0472 26.72%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 - -
Price 0.30 0.31 0.24 0.17 0.19 0.23 0.00 -
P/RPS 1.04 1.12 0.90 0.68 0.64 1.61 0.00 -
P/EPS 16.04 18.45 14.46 11.81 8.15 17.25 0.00 -
EY 6.23 5.42 6.92 8.47 12.26 5.80 0.00 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.27 1.34 1.06 0.76 0.80 1.00 0.00 -
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 27/02/04 27/11/03 23/09/03 28/04/03 26/02/03 27/11/02 29/08/02 -
Price 0.28 0.28 0.32 0.18 0.19 0.19 0.25 -
P/RPS 0.97 1.01 1.21 0.72 0.64 1.33 2.08 -39.77%
P/EPS 14.97 16.67 19.28 12.50 8.15 14.25 14.71 1.17%
EY 6.68 6.00 5.19 8.00 12.26 7.02 6.80 -1.17%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.18 1.21 1.41 0.81 0.80 0.83 1.09 5.41%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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