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

Announcement Date
17-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- 5.64%
YoY- 80.73%
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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 284,456 275,540 287,526 257,262 250,886 234,596 189,612 31.08%
PBT 34,614 32,764 29,359 26,349 24,874 24,208 17,246 59.18%
Tax -9,728 -9,264 -8,671 -8,069 -7,570 -7,152 -5,069 54.49%
NP 24,886 23,500 20,688 18,280 17,304 17,056 12,177 61.11%
-
NP to SH 24,886 23,500 20,688 18,280 17,304 17,056 12,177 61.11%
-
Tax Rate 28.10% 28.27% 29.53% 30.62% 30.43% 29.54% 29.39% -
Total Cost 259,570 252,040 266,838 238,982 233,582 217,540 177,435 28.89%
-
Net Worth 152,197 151,805 147,466 143,656 139,286 139,657 135,880 7.86%
Dividend
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Div 13,058 - 11,043 - 8,843 - 3,732 130.65%
Div Payout % 52.47% - 53.38% - 51.11% - 30.66% -
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 152,197 151,805 147,466 143,656 139,286 139,657 135,880 7.86%
NOSH 116,181 116,567 73,622 73,670 73,696 74,285 74,659 34.32%
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 8.75% 8.53% 7.20% 7.11% 6.90% 7.27% 6.42% -
ROE 16.35% 15.48% 14.03% 12.72% 12.42% 12.21% 8.96% -
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 244.84 236.38 390.54 349.21 340.43 315.80 253.97 -2.41%
EPS 21.42 20.16 28.10 24.81 23.48 22.96 16.31 19.94%
DPS 11.24 0.00 15.00 0.00 12.00 0.00 5.00 71.69%
NAPS 1.31 1.3023 2.003 1.95 1.89 1.88 1.82 -19.70%
Adjusted Per Share Value based on latest NOSH - 73,198
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 48.82 47.29 49.35 44.15 43.06 40.26 32.54 31.08%
EPS 4.27 4.03 3.55 3.14 2.97 2.93 2.09 61.08%
DPS 2.24 0.00 1.90 0.00 1.52 0.00 0.64 130.69%
NAPS 0.2612 0.2605 0.2531 0.2465 0.239 0.2397 0.2332 7.85%
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 0.59 0.67 0.67 0.55 0.49 0.39 0.37 -
P/RPS 0.24 0.28 0.17 0.16 0.14 0.12 0.15 36.83%
P/EPS 2.75 3.32 2.38 2.22 2.09 1.70 2.27 13.65%
EY 36.31 30.09 41.94 45.12 47.92 58.87 44.08 -12.13%
DY 19.05 0.00 22.39 0.00 24.49 0.00 13.51 25.77%
P/NAPS 0.45 0.51 0.33 0.28 0.26 0.21 0.20 71.79%
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 24/08/04 18/05/04 20/02/04 17/11/03 21/08/03 22/05/03 27/02/03 -
Price 0.51 0.56 0.88 0.78 0.51 0.41 0.35 -
P/RPS 0.21 0.24 0.23 0.22 0.15 0.13 0.14 31.06%
P/EPS 2.38 2.78 3.13 3.14 2.17 1.79 2.15 7.01%
EY 42.00 36.00 31.93 31.81 46.04 56.00 46.60 -6.70%
DY 22.04 0.00 17.05 0.00 23.53 0.00 14.29 33.52%
P/NAPS 0.39 0.43 0.44 0.40 0.27 0.22 0.19 61.58%

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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