[MARCO] QoQ Annualized Quarter Result on 30-Sep-2003 [#3]

Announcement Date
27-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- 7.0%
YoY- 54.64%
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Annualized Quarter Result
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Revenue 60,836 63,304 60,540 60,221 57,588 54,292 50,628 13.03%
PBT 2,936 3,172 2,513 2,414 2,382 2,088 1,708 43.54%
Tax -1,194 -1,308 -1,033 -1,060 -1,116 -1,048 -805 30.08%
NP 1,742 1,864 1,480 1,354 1,266 1,040 903 55.02%
-
NP to SH 1,742 1,864 1,480 1,354 1,266 1,040 903 55.02%
-
Tax Rate 40.67% 41.24% 41.11% 43.91% 46.85% 50.19% 47.13% -
Total Cost 59,094 61,440 59,060 58,866 56,322 53,252 49,725 12.20%
-
Net Worth 71,142 52,306 5,214 50,799 50,449 49,636 50,401 25.85%
Dividend
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Net Worth 71,142 52,306 5,214 50,799 50,449 49,636 50,401 25.85%
NOSH 66,488 47,551 47,403 47,476 47,593 47,272 47,548 25.07%
Ratio Analysis
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
NP Margin 2.86% 2.94% 2.44% 2.25% 2.20% 1.92% 1.78% -
ROE 2.45% 3.56% 28.38% 2.67% 2.51% 2.10% 1.79% -
Per Share
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 91.50 133.13 127.71 126.84 121.00 114.85 106.48 -9.62%
EPS 2.62 3.92 0.25 2.85 2.66 2.20 1.90 23.91%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.07 1.10 0.11 1.07 1.06 1.05 1.06 0.62%
Adjusted Per Share Value based on latest NOSH - 47,283
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 5.77 6.00 5.74 5.71 5.46 5.15 4.80 13.06%
EPS 0.17 0.18 0.14 0.13 0.12 0.10 0.09 52.86%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0675 0.0496 0.0049 0.0482 0.0479 0.0471 0.0478 25.89%
Price Multiplier on Financial Quarter End Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 -
Price 1.71 4.26 2.35 1.67 1.60 1.80 1.86 -
P/RPS 1.87 3.20 1.84 1.32 1.32 1.57 1.75 4.52%
P/EPS 65.27 108.67 75.27 58.53 60.15 81.82 97.94 -23.72%
EY 1.53 0.92 1.33 1.71 1.66 1.22 1.02 31.06%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.60 3.87 21.36 1.56 1.51 1.71 1.75 -5.80%
Price Multiplier on Announcement Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 19/08/04 26/05/04 16/03/04 27/11/03 28/08/03 23/05/03 27/02/03 -
Price 1.74 1.77 3.62 2.05 1.70 1.90 1.88 -
P/RPS 1.90 1.33 2.83 1.62 1.40 1.65 1.77 4.84%
P/EPS 66.41 45.15 115.95 71.85 63.91 86.36 98.99 -23.38%
EY 1.51 2.21 0.86 1.39 1.56 1.16 1.01 30.78%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.63 1.61 32.91 1.92 1.60 1.81 1.77 -5.34%

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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