[HSL] QoQ Annualized Quarter Result on 30-Jun-2006 [#2]

Announcement Date
17-Aug-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
30-Jun-2006 [#2]
Profit Trend
QoQ- 6.63%
YoY- 5.76%
Quarter Report
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Annualized Quarter Result
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
Revenue 238,564 260,555 260,712 259,646 254,908 290,347 283,929 -10.96%
PBT 44,128 48,173 46,386 43,960 41,148 44,788 43,333 1.22%
Tax -11,816 -14,692 -14,868 -12,696 -11,828 -12,591 -12,208 -2.15%
NP 32,312 33,481 31,518 31,264 29,320 32,197 31,125 2.52%
-
NP to SH 32,312 33,481 31,518 31,264 29,320 32,197 31,125 2.52%
-
Tax Rate 26.78% 30.50% 32.05% 28.88% 28.75% 28.11% 28.17% -
Total Cost 206,252 227,074 229,193 228,382 225,588 258,150 252,804 -12.69%
-
Net Worth 200,289 195,326 192,264 184,430 182,400 177,512 173,731 9.95%
Dividend
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
Div - 15,819 21,092 15,824 - 14,858 10,669 -
Div Payout % - 47.25% 66.92% 50.61% - 46.15% 34.28% -
Equity
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
Net Worth 200,289 195,326 192,264 184,430 182,400 177,512 173,731 9.95%
NOSH 111,420 112,996 112,997 113,029 113,292 114,295 114,319 -1.69%
Ratio Analysis
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
NP Margin 13.54% 12.85% 12.09% 12.04% 11.50% 11.09% 10.96% -
ROE 16.13% 17.14% 16.39% 16.95% 16.07% 18.14% 17.92% -
Per Share
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
RPS 214.11 230.59 230.72 229.71 225.00 254.03 248.37 -9.42%
EPS 29.00 29.63 27.89 27.66 25.88 28.17 27.23 4.29%
DPS 0.00 14.00 18.67 14.00 0.00 13.00 9.33 -
NAPS 1.7976 1.7286 1.7015 1.6317 1.61 1.5531 1.5197 11.85%
Adjusted Per Share Value based on latest NOSH - 112,952
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
RPS 40.94 44.72 44.74 44.56 43.75 49.83 48.73 -10.97%
EPS 5.55 5.75 5.41 5.37 5.03 5.53 5.34 2.60%
DPS 0.00 2.71 3.62 2.72 0.00 2.55 1.83 -
NAPS 0.3437 0.3352 0.33 0.3165 0.313 0.3046 0.2982 9.93%
Price Multiplier on Financial Quarter End Date
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
Date 30/03/07 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 -
Price 0.65 0.57 0.57 0.59 0.63 0.51 0.53 -
P/RPS 0.30 0.25 0.25 0.26 0.28 0.20 0.21 26.87%
P/EPS 2.24 1.92 2.04 2.13 2.43 1.81 1.95 9.69%
EY 44.62 51.98 48.94 46.88 41.08 55.24 51.37 -8.97%
DY 0.00 24.56 32.75 23.73 0.00 25.49 17.61 -
P/NAPS 0.36 0.33 0.33 0.36 0.39 0.33 0.35 1.89%
Price Multiplier on Announcement Date
31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 CAGR
Date 17/05/07 26/02/07 16/11/06 17/08/06 18/05/06 27/02/06 21/11/05 -
Price 0.79 0.65 0.56 0.59 0.62 0.58 0.51 -
P/RPS 0.37 0.28 0.24 0.26 0.28 0.23 0.21 45.92%
P/EPS 2.72 2.19 2.01 2.13 2.40 2.06 1.87 28.40%
EY 36.71 45.58 49.81 46.88 41.74 48.57 53.39 -22.11%
DY 0.00 21.54 33.33 23.73 0.00 22.41 18.30 -
P/NAPS 0.44 0.38 0.33 0.36 0.39 0.37 0.34 18.77%

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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