[DEGEM] QoQ Annualized Quarter Result on 31-Mar-2004 [#1]

Announcement Date
21-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- -4.72%
YoY- 11.52%
Quarter Report
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Annualized Quarter Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 135,338 125,513 119,556 112,304 114,007 105,732 97,736 24.11%
PBT 16,213 17,985 18,180 17,752 19,372 17,868 17,032 -3.21%
Tax -5,652 -4,993 -5,504 -5,244 -6,244 -5,753 -5,848 -2.23%
NP 10,561 12,992 12,676 12,508 13,128 12,114 11,184 -3.73%
-
NP to SH 10,561 12,992 12,676 12,508 13,128 12,114 11,184 -3.73%
-
Tax Rate 34.86% 27.76% 30.28% 29.54% 32.23% 32.20% 34.34% -
Total Cost 124,777 112,521 106,880 99,796 100,879 93,617 86,552 27.47%
-
Net Worth 103,350 95,801 94,502 91,414 44,101 84,433 83,124 15.54%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 3,781 - - - 1,890 - - -
Div Payout % 35.80% - - - 14.40% - - -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 103,350 95,801 94,502 91,414 44,101 84,433 83,124 15.54%
NOSH 126,036 126,054 126,003 63,044 63,002 63,009 62,972 58.48%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 7.80% 10.35% 10.60% 11.14% 11.52% 11.46% 11.44% -
ROE 10.22% 13.56% 13.41% 13.68% 29.77% 14.35% 13.45% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 107.38 99.57 94.88 178.13 180.96 167.80 155.20 -21.68%
EPS 8.38 10.31 10.06 19.84 10.42 19.23 17.76 -39.25%
DPS 3.00 0.00 0.00 0.00 3.00 0.00 0.00 -
NAPS 0.82 0.76 0.75 1.45 0.70 1.34 1.32 -27.09%
Adjusted Per Share Value based on latest NOSH - 63,044
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 101.00 93.67 89.22 83.81 85.08 78.90 72.94 24.11%
EPS 7.88 9.70 9.46 9.33 9.80 9.04 8.35 -3.77%
DPS 2.82 0.00 0.00 0.00 1.41 0.00 0.00 -
NAPS 0.7713 0.7149 0.7052 0.6822 0.3291 0.6301 0.6203 15.55%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 1.35 1.40 3.00 3.40 2.92 2.96 2.50 -
P/RPS 1.26 1.41 3.16 1.91 1.61 1.76 1.61 -15.01%
P/EPS 16.11 13.58 29.82 17.14 14.01 15.40 14.08 9.34%
EY 6.21 7.36 3.35 5.84 7.14 6.50 7.10 -8.50%
DY 2.22 0.00 0.00 0.00 1.03 0.00 0.00 -
P/NAPS 1.65 1.84 4.00 2.34 4.17 2.21 1.89 -8.61%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 28/02/05 25/11/04 25/08/04 21/05/04 26/02/04 05/11/03 19/08/03 -
Price 1.36 1.38 1.42 3.00 3.18 2.95 2.90 -
P/RPS 1.27 1.39 1.50 1.68 1.76 1.76 1.87 -22.64%
P/EPS 16.23 13.39 14.12 15.12 15.26 15.34 16.33 -0.40%
EY 6.16 7.47 7.08 6.61 6.55 6.52 6.12 0.43%
DY 2.21 0.00 0.00 0.00 0.94 0.00 0.00 -
P/NAPS 1.66 1.82 1.89 2.07 4.54 2.20 2.20 -17.04%

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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