[HSL] QoQ Annualized Quarter Result on 31-Mar-2003 [#1]

Announcement Date
22-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 40.07%
YoY- 98.7%
Quarter Report
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Annualized Quarter Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 287,526 257,262 250,886 234,596 189,612 173,366 157,486 49.21%
PBT 29,359 26,349 24,874 24,208 17,246 14,446 13,396 68.48%
Tax -8,671 -8,069 -7,570 -7,152 -5,069 -4,332 -4,080 65.07%
NP 20,688 18,280 17,304 17,056 12,177 10,114 9,316 69.96%
-
NP to SH 20,688 18,280 17,304 17,056 12,177 10,114 9,316 69.96%
-
Tax Rate 29.53% 30.62% 30.43% 29.54% 29.39% 29.99% 30.46% -
Total Cost 266,838 238,982 233,582 217,540 177,435 163,252 148,170 47.86%
-
Net Worth 147,466 143,656 139,286 139,657 135,880 131,411 128,188 9.76%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 11,043 - 8,843 - 3,732 - - -
Div Payout % 53.38% - 51.11% - 30.66% - - -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 147,466 143,656 139,286 139,657 135,880 131,411 128,188 9.76%
NOSH 73,622 73,670 73,696 74,285 74,659 74,665 74,528 -0.80%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 7.20% 7.11% 6.90% 7.27% 6.42% 5.83% 5.92% -
ROE 14.03% 12.72% 12.42% 12.21% 8.96% 7.70% 7.27% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 390.54 349.21 340.43 315.80 253.97 232.19 211.31 50.43%
EPS 28.10 24.81 23.48 22.96 16.31 13.55 12.50 71.35%
DPS 15.00 0.00 12.00 0.00 5.00 0.00 0.00 -
NAPS 2.003 1.95 1.89 1.88 1.82 1.76 1.72 10.65%
Adjusted Per Share Value based on latest NOSH - 74,285
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 49.35 44.15 43.06 40.26 32.54 29.75 27.03 49.21%
EPS 3.55 3.14 2.97 2.93 2.09 1.74 1.60 69.86%
DPS 1.90 0.00 1.52 0.00 0.64 0.00 0.00 -
NAPS 0.2531 0.2465 0.239 0.2397 0.2332 0.2255 0.22 9.76%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 0.67 0.55 0.49 0.39 0.37 0.39 0.43 -
P/RPS 0.17 0.16 0.14 0.12 0.15 0.17 0.20 -10.24%
P/EPS 2.38 2.22 2.09 1.70 2.27 2.88 3.44 -21.72%
EY 41.94 45.12 47.92 58.87 44.08 34.74 29.07 27.59%
DY 22.39 0.00 24.49 0.00 13.51 0.00 0.00 -
P/NAPS 0.33 0.28 0.26 0.21 0.20 0.22 0.25 20.27%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 20/02/04 17/11/03 21/08/03 22/05/03 27/02/03 27/11/02 28/08/02 -
Price 0.88 0.78 0.51 0.41 0.35 0.39 0.42 -
P/RPS 0.23 0.22 0.15 0.13 0.14 0.17 0.20 9.73%
P/EPS 3.13 3.14 2.17 1.79 2.15 2.88 3.36 -4.60%
EY 31.93 31.81 46.04 56.00 46.60 34.74 29.76 4.79%
DY 17.05 0.00 23.53 0.00 14.29 0.00 0.00 -
P/NAPS 0.44 0.40 0.27 0.22 0.19 0.22 0.24 49.62%

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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