[3A] QoQ Annualized Quarter Result on 31-Mar-2004 [#1]

Announcement Date
22-Apr-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 33.18%
YoY- 74.4%
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Annualized Quarter Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 60,595 60,897 58,740 52,924 40,501 38,732 37,010 38.70%
PBT 6,267 6,618 6,366 5,188 3,234 3,016 2,890 67.14%
Tax -1,822 -2,158 -2,038 -1,700 -615 -672 -576 114.73%
NP 4,445 4,460 4,328 3,488 2,619 2,344 2,314 54.22%
-
NP to SH 4,445 4,460 4,328 3,488 2,619 2,344 2,314 54.22%
-
Tax Rate 29.07% 32.61% 32.01% 32.77% 19.02% 22.28% 19.93% -
Total Cost 56,150 56,437 54,412 49,436 37,882 36,388 34,696 37.64%
-
Net Worth 37,586 36,501 35,224 34,190 33,178 32,299 31,685 12.00%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 37,586 36,501 35,224 34,190 33,178 32,299 31,685 12.00%
NOSH 139,935 139,958 139,612 140,645 140,053 139,523 139,397 0.25%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 7.34% 7.32% 7.37% 6.59% 6.47% 6.05% 6.25% -
ROE 11.83% 12.22% 12.29% 10.20% 7.89% 7.26% 7.30% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 43.30 43.51 42.07 37.63 28.92 27.76 26.55 38.34%
EPS 3.18 3.19 3.10 2.48 1.87 1.68 1.66 53.94%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2686 0.2608 0.2523 0.2431 0.2369 0.2315 0.2273 11.71%
Adjusted Per Share Value based on latest NOSH - 140,645
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 12.32 12.38 11.94 10.76 8.23 7.87 7.52 38.76%
EPS 0.90 0.91 0.88 0.71 0.53 0.48 0.47 53.90%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0764 0.0742 0.0716 0.0695 0.0674 0.0656 0.0644 12.00%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 0.30 0.28 0.24 0.25 0.30 0.31 0.24 -
P/RPS 0.69 0.64 0.57 0.66 1.04 1.12 0.90 -16.16%
P/EPS 9.44 8.79 7.74 10.08 16.04 18.45 14.46 -24.64%
EY 10.59 11.38 12.92 9.92 6.23 5.42 6.92 32.62%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.12 1.07 0.95 1.03 1.27 1.34 1.06 3.72%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 28/02/05 26/11/04 10/08/04 22/04/04 27/02/04 27/11/03 23/09/03 -
Price 0.29 0.30 0.23 0.25 0.28 0.28 0.32 -
P/RPS 0.67 0.69 0.55 0.66 0.97 1.01 1.21 -32.44%
P/EPS 9.13 9.41 7.42 10.08 14.97 16.67 19.28 -39.10%
EY 10.95 10.62 13.48 9.92 6.68 6.00 5.19 64.12%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.08 1.15 0.91 1.03 1.18 1.21 1.41 -16.21%

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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