[FAREAST] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
17-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -33.61%
YoY- -29.47%
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 71,315 74,192 65,628 57,816 80,412 79,642 75,360 -3.60%
PBT 50,174 50,934 39,022 41,000 63,087 65,217 62,816 -13.87%
Tax -14,925 -14,212 -10,186 -13,996 -22,415 -21,988 -21,282 -21.01%
NP 35,249 36,722 28,836 27,004 40,672 43,229 41,534 -10.33%
-
NP to SH 32,826 33,573 26,610 27,004 40,672 43,229 41,534 -14.48%
-
Tax Rate 29.75% 27.90% 26.10% 34.14% 35.53% 33.72% 33.88% -
Total Cost 36,066 37,469 36,792 30,812 39,740 36,413 33,826 4.35%
-
Net Worth 473,543 328,058 326,299 325,578 369,980 361,674 357,143 20.62%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 23,090 4,374 - - 4,842 6,435 - -
Div Payout % 70.34% 13.03% - - 11.91% 14.89% - -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 473,543 328,058 326,299 325,578 369,980 361,674 357,143 20.62%
NOSH 131,942 65,611 65,259 65,115 64,568 64,354 64,234 61.37%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 49.43% 49.50% 43.94% 46.71% 50.58% 54.28% 55.11% -
ROE 6.93% 10.23% 8.16% 8.29% 10.99% 11.95% 11.63% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 54.05 113.08 100.56 88.79 124.54 123.76 117.32 -40.26%
EPS 24.90 25.43 20.20 20.52 62.99 67.17 64.66 -46.97%
DPS 17.50 6.67 0.00 0.00 7.50 10.00 0.00 -
NAPS 3.589 5.00 5.00 5.00 5.73 5.62 5.56 -25.24%
Adjusted Per Share Value based on latest NOSH - 65,115
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 12.01 12.49 11.05 9.74 13.54 13.41 12.69 -3.59%
EPS 5.53 5.65 4.48 4.55 6.85 7.28 6.99 -14.42%
DPS 3.89 0.74 0.00 0.00 0.82 1.08 0.00 -
NAPS 0.7974 0.5524 0.5495 0.5483 0.623 0.609 0.6014 20.62%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 2.65 2.58 2.25 2.01 1.95 1.82 1.77 -
P/RPS 4.90 2.28 2.24 2.26 1.57 1.47 1.51 118.71%
P/EPS 10.65 5.04 5.52 4.85 3.10 2.71 2.74 146.59%
EY 9.39 19.83 18.12 20.63 32.30 36.91 36.53 -59.47%
DY 6.60 2.58 0.00 0.00 3.85 5.49 0.00 -
P/NAPS 0.74 0.52 0.45 0.40 0.34 0.32 0.32 74.60%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 27/02/06 29/11/05 05/08/05 17/05/05 28/02/05 09/11/04 13/08/04 -
Price 3.10 2.63 2.40 2.11 1.99 1.87 1.75 -
P/RPS 5.74 2.33 2.39 2.38 1.60 1.51 1.49 145.14%
P/EPS 12.46 5.14 5.89 5.09 3.16 2.78 2.71 175.73%
EY 8.03 19.46 16.99 19.65 31.65 35.92 36.95 -63.75%
DY 5.65 2.53 0.00 0.00 3.77 5.35 0.00 -
P/NAPS 0.86 0.53 0.48 0.42 0.35 0.33 0.31 97.06%

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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