[MARCO] QoQ Annualized Quarter Result on 30-Sep-2004 [#3]

Announcement Date
25-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- -2.56%
YoY- 25.3%
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Annualized Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 58,878 66,152 62,165 62,258 60,836 63,304 60,540 -1.84%
PBT 3,702 3,984 2,896 2,873 2,936 3,172 2,513 29.49%
Tax -1,120 -1,188 -671 -1,176 -1,194 -1,308 -1,033 5.54%
NP 2,582 2,796 2,225 1,697 1,742 1,864 1,480 44.96%
-
NP to SH 2,582 2,796 2,225 1,697 1,742 1,864 1,480 44.96%
-
Tax Rate 30.25% 29.82% 23.17% 40.93% 40.67% 41.24% 41.11% -
Total Cost 56,296 63,356 59,940 60,561 59,094 61,440 59,060 -3.14%
-
Net Worth 74,742 69,899 71,855 70,943 71,142 52,306 5,214 491.06%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 74,742 69,899 71,855 70,943 71,142 52,306 5,214 491.06%
NOSH 679,473 635,454 653,235 66,302 66,488 47,551 47,403 491.03%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 4.39% 4.23% 3.58% 2.73% 2.86% 2.94% 2.44% -
ROE 3.45% 4.00% 3.10% 2.39% 2.45% 3.56% 28.38% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 8.67 10.41 9.52 93.90 91.50 133.13 127.71 -83.38%
EPS 0.38 0.44 0.34 2.56 2.62 3.92 0.25 32.23%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.11 0.11 0.11 1.07 1.07 1.10 0.11 0.00%
Adjusted Per Share Value based on latest NOSH - 65,901
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 5.58 6.27 5.90 5.91 5.77 6.00 5.74 -1.86%
EPS 0.24 0.27 0.21 0.16 0.17 0.18 0.14 43.28%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0709 0.0663 0.0682 0.0673 0.0675 0.0496 0.0049 494.75%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 0.21 0.22 2.77 1.80 1.71 4.26 2.35 -
P/RPS 2.42 2.11 29.11 1.92 1.87 3.20 1.84 20.06%
P/EPS 55.26 50.00 813.24 70.31 65.27 108.67 75.27 -18.63%
EY 1.81 2.00 0.12 1.42 1.53 0.92 1.33 22.82%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.91 2.00 25.18 1.68 1.60 3.87 21.36 -80.03%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 18/08/05 30/05/05 18/02/05 25/11/04 19/08/04 26/05/04 16/03/04 -
Price 0.20 0.19 0.26 2.90 1.74 1.77 3.62 -
P/RPS 2.31 1.83 2.73 3.09 1.90 1.33 2.83 -12.67%
P/EPS 52.63 43.18 76.33 113.28 66.41 45.15 115.95 -40.96%
EY 1.90 2.32 1.31 0.88 1.51 2.21 0.86 69.71%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.82 1.73 2.36 2.71 1.63 1.61 32.91 -85.51%

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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