[TWL] 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- -83.55%
YoY- -12.98%
Quarter Report
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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 64,090 57,000 51,780 65,299 58,260 64,118 68,916 -4.71%
PBT -13,545 440 4 -15,466 -9,184 -2,678 872 -
Tax 1,652 -498 -596 2,948 2,364 590 -516 -
NP -11,893 -58 -592 -12,518 -6,820 -2,088 356 -
-
NP to SH -11,893 -58 -592 -12,518 -6,820 -2,088 356 -
-
Tax Rate - 113.18% 14,900.00% - - - 59.17% -
Total Cost 75,983 57,058 52,372 77,817 65,080 66,206 68,560 7.07%
-
Net Worth 39,879 47,456 45,031 47,145 50,758 55,000 57,522 -21.61%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
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 39,879 47,456 45,031 47,145 50,758 55,000 57,522 -21.61%
NOSH 42,720 41,428 39,999 39,991 39,992 40,000 40,454 3.68%
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 -18.56% -0.10% -1.14% -19.17% -11.71% -3.26% 0.52% -
ROE -29.82% -0.12% -1.31% -26.55% -13.44% -3.80% 0.62% -
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 150.02 137.59 129.45 163.28 145.68 160.30 170.35 -8.10%
EPS -27.84 -0.14 -1.48 -31.30 -17.05 -5.22 0.88 -
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.9335 1.1455 1.1258 1.1789 1.2692 1.375 1.4219 -24.40%
Adjusted Per Share Value based on latest NOSH - 39,999
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 1.03 0.91 0.83 1.05 0.93 1.03 1.10 -4.27%
EPS -0.19 0.00 -0.01 -0.20 -0.11 -0.03 0.01 -
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0064 0.0076 0.0072 0.0076 0.0081 0.0088 0.0092 -21.43%
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 0.61 0.73 1.01 0.96 0.88 0.72 0.69 -
P/RPS 0.41 0.53 0.78 0.59 0.60 0.45 0.41 0.00%
P/EPS -2.19 -521.43 -68.24 -3.07 -5.16 -13.79 78.41 -
EY -45.64 -0.19 -1.47 -32.61 -19.38 -7.25 1.28 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.65 0.64 0.90 0.81 0.69 0.52 0.49 20.66%
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 26/11/04 26/08/04 27/05/04 27/02/04 21/11/03 26/08/03 11/07/03 -
Price 0.70 0.62 0.79 1.77 0.84 0.92 0.84 -
P/RPS 0.47 0.45 0.61 1.08 0.58 0.57 0.49 -2.73%
P/EPS -2.51 -442.86 -53.38 -5.65 -4.93 -17.62 95.45 -
EY -39.77 -0.23 -1.87 -17.68 -20.30 -5.67 1.05 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.75 0.54 0.70 1.50 0.66 0.67 0.59 17.29%

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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