[FAREAST] QoQ Annualized Quarter Result on 31-Dec-2003 [#4]

Announcement Date
27-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 38.19%
YoY- 47.4%
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Annualized Quarter Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 79,642 75,360 69,788 70,994 65,536 57,334 49,120 37.89%
PBT 65,217 62,816 47,372 49,244 32,950 25,944 24,040 94.16%
Tax -21,988 -21,282 -9,084 -17,985 -10,330 -9,684 -6,316 129.17%
NP 43,229 41,534 38,288 31,259 22,620 16,260 17,724 80.89%
-
NP to SH 43,229 41,534 38,288 31,259 22,620 16,260 17,724 80.89%
-
Tax Rate 33.72% 33.88% 19.18% 36.52% 31.35% 37.33% 26.27% -
Total Cost 36,413 33,826 31,500 39,735 42,916 41,074 31,396 10.35%
-
Net Worth 361,674 357,143 349,709 336,349 319,868 317,529 355,737 1.10%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 6,435 - - 10,808 - - - -
Div Payout % 14.89% - - 34.58% - - - -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 361,674 357,143 349,709 336,349 319,868 317,529 355,737 1.10%
NOSH 64,354 64,234 64,284 63,582 63,090 62,877 62,851 1.58%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 54.28% 55.11% 54.86% 44.03% 34.52% 28.36% 36.08% -
ROE 11.95% 11.63% 10.95% 9.29% 7.07% 5.12% 4.98% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 123.76 117.32 108.56 111.66 103.88 91.18 78.15 35.74%
EPS 67.17 64.66 59.56 49.16 35.85 25.86 28.20 78.07%
DPS 10.00 0.00 0.00 17.00 0.00 0.00 0.00 -
NAPS 5.62 5.56 5.44 5.29 5.07 5.05 5.66 -0.47%
Adjusted Per Share Value based on latest NOSH - 63,576
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 13.41 12.69 11.75 11.96 11.04 9.65 8.27 37.90%
EPS 7.28 6.99 6.45 5.26 3.81 2.74 2.98 81.09%
DPS 1.08 0.00 0.00 1.82 0.00 0.00 0.00 -
NAPS 0.609 0.6014 0.5889 0.5664 0.5386 0.5347 0.599 1.10%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 1.82 1.77 1.78 1.60 1.48 1.55 1.38 -
P/RPS 1.47 1.51 1.64 1.43 1.42 1.70 1.77 -11.61%
P/EPS 2.71 2.74 2.99 3.25 4.13 5.99 4.89 -32.45%
EY 36.91 36.53 33.46 30.73 24.23 16.68 20.43 48.17%
DY 5.49 0.00 0.00 10.63 0.00 0.00 0.00 -
P/NAPS 0.32 0.32 0.33 0.30 0.29 0.31 0.24 21.07%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 09/11/04 13/08/04 24/05/04 27/02/04 17/11/03 22/08/03 19/05/03 -
Price 1.87 1.75 1.80 1.80 1.57 1.52 1.45 -
P/RPS 1.51 1.49 1.66 1.61 1.51 1.67 1.86 -12.94%
P/EPS 2.78 2.71 3.02 3.66 4.38 5.88 5.14 -33.54%
EY 35.92 36.95 33.09 27.31 22.84 17.01 19.45 50.35%
DY 5.35 0.00 0.00 9.44 0.00 0.00 0.00 -
P/NAPS 0.33 0.31 0.33 0.34 0.31 0.30 0.26 17.17%

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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