[RVIEW] QoQ Annualized Quarter Result on 31-Mar-2011 [#1]

Announcement Date
22-Apr-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- 50.37%
YoY- 430.83%
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Annualized Quarter Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 27,683 28,060 28,388 27,756 23,908 22,866 19,980 24.20%
PBT 22,975 25,206 26,530 26,344 17,881 16,174 10,772 65.46%
Tax -4,655 -4,880 -5,028 -5,408 -3,958 -4,178 -3,484 21.24%
NP 18,320 20,326 21,502 20,936 13,923 11,996 7,288 84.56%
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NP to SH 18,320 20,326 21,502 20,936 13,923 11,996 7,288 84.56%
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Tax Rate 20.26% 19.36% 18.95% 20.53% 22.14% 25.83% 32.34% -
Total Cost 9,363 7,733 6,886 6,820 9,985 10,870 12,692 -18.31%
-
Net Worth 173,773 178,323 173,779 172,520 167,309 168,004 162,748 4.45%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div 12,968 5,187 7,781 - 9,727 6,919 7,780 40.45%
Div Payout % 70.79% 25.52% 36.19% - 69.86% 57.68% 106.76% -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 173,773 178,323 173,779 172,520 167,309 168,004 162,748 4.45%
NOSH 64,840 64,844 64,843 64,857 64,848 64,866 64,839 0.00%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 66.18% 72.44% 75.74% 75.43% 58.24% 52.46% 36.48% -
ROE 10.54% 11.40% 12.37% 12.14% 8.32% 7.14% 4.48% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 42.69 43.27 43.78 42.80 36.87 35.25 30.81 24.21%
EPS 28.25 31.35 33.16 32.28 21.47 18.49 11.24 84.54%
DPS 20.00 8.00 12.00 0.00 15.00 10.67 12.00 40.44%
NAPS 2.68 2.75 2.68 2.66 2.58 2.59 2.51 4.45%
Adjusted Per Share Value based on latest NOSH - 64,857
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 42.69 43.27 43.77 42.80 36.87 35.26 30.81 24.21%
EPS 28.25 31.34 33.16 32.28 21.47 18.50 11.24 84.54%
DPS 20.00 8.00 12.00 0.00 15.00 10.67 12.00 40.44%
NAPS 2.6796 2.7498 2.6797 2.6603 2.5799 2.5906 2.5096 4.45%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 3.00 2.80 3.00 3.00 3.12 2.88 2.56 -
P/RPS 7.03 6.47 6.85 7.01 8.46 8.17 8.31 -10.52%
P/EPS 10.62 8.93 9.05 9.29 14.53 15.57 22.78 -39.79%
EY 9.42 11.20 11.05 10.76 6.88 6.42 4.39 66.13%
DY 6.67 2.86 4.00 0.00 4.81 3.70 4.69 26.38%
P/NAPS 1.12 1.02 1.12 1.13 1.21 1.11 1.02 6.41%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 24/02/12 28/10/11 29/07/11 22/04/11 25/02/11 29/10/10 30/07/10 -
Price 3.06 2.87 2.96 2.88 3.02 3.20 2.65 -
P/RPS 7.17 6.63 6.76 6.73 8.19 9.08 8.60 -11.38%
P/EPS 10.83 9.16 8.93 8.92 14.07 17.30 23.58 -40.38%
EY 9.23 10.92 11.20 11.21 7.11 5.78 4.24 67.72%
DY 6.54 2.79 4.05 0.00 4.97 3.33 4.53 27.65%
P/NAPS 1.14 1.04 1.10 1.08 1.17 1.24 1.06 4.95%

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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