[XL] QoQ Annualized Quarter Result on 30-Apr-2003 [#1]

Announcement Date
25-Jun-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jan-2004
Quarter
30-Apr-2003 [#1]
Profit Trend
QoQ- 7.9%
YoY- 4.14%
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Annualized Quarter Result
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
Revenue 47,342 47,136 44,502 41,664 49,514 47,768 49,118 -2.41%
PBT 22,268 22,881 21,980 20,876 21,465 21,772 23,856 -4.47%
Tax -5,654 -6,912 -6,566 -5,676 -7,378 -7,814 -8,604 -24.35%
NP 16,614 15,969 15,414 15,200 14,087 13,957 15,252 5.85%
-
NP to SH 16,614 15,969 15,414 15,200 14,087 13,957 15,252 5.85%
-
Tax Rate 25.39% 30.21% 29.87% 27.19% 34.37% 35.89% 36.07% -
Total Cost 30,728 31,166 29,088 26,464 35,427 33,810 33,866 -6.26%
-
Net Worth 92,400 82,813 102,373 132,630 95,586 92,222 89,291 2.30%
Dividend
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
Div 1,811 - - - 1,448 - - -
Div Payout % 10.91% - - - 10.28% - - -
Equity
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
Net Worth 92,400 82,813 102,373 132,630 95,586 92,222 89,291 2.30%
NOSH 60,392 56,335 48,289 66,315 48,276 48,284 48,265 16.07%
Ratio Analysis
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
NP Margin 35.09% 33.88% 34.64% 36.48% 28.45% 29.22% 31.05% -
ROE 17.98% 19.28% 15.06% 11.46% 14.74% 15.13% 17.08% -
Per Share
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
RPS 78.39 83.67 92.16 62.83 102.56 98.93 101.77 -15.93%
EPS 27.51 28.35 31.92 20.96 29.18 28.91 31.60 -8.80%
DPS 3.00 0.00 0.00 0.00 3.00 0.00 0.00 -
NAPS 1.53 1.47 2.12 2.00 1.98 1.91 1.85 -11.86%
Adjusted Per Share Value based on latest NOSH - 66,315
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
RPS 10.86 10.81 10.21 9.56 11.36 10.96 11.27 -2.43%
EPS 3.81 3.66 3.54 3.49 3.23 3.20 3.50 5.80%
DPS 0.42 0.00 0.00 0.00 0.33 0.00 0.00 -
NAPS 0.2119 0.1899 0.2348 0.3042 0.2192 0.2115 0.2048 2.29%
Price Multiplier on Financial Quarter End Date
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
Date 30/01/04 31/10/03 31/07/03 30/04/03 30/01/03 31/10/02 31/07/02 -
Price 2.41 2.08 3.28 2.58 2.66 2.94 2.68 -
P/RPS 3.07 2.49 3.56 4.11 2.59 2.97 2.63 10.83%
P/EPS 8.76 7.34 10.28 11.26 9.12 10.17 8.48 2.18%
EY 11.41 13.63 9.73 8.88 10.97 9.83 11.79 -2.15%
DY 1.24 0.00 0.00 0.00 1.13 0.00 0.00 -
P/NAPS 1.58 1.41 1.55 1.29 1.34 1.54 1.45 5.87%
Price Multiplier on Announcement Date
31/01/04 31/10/03 31/07/03 30/04/03 31/01/03 31/10/02 31/07/02 CAGR
Date 30/03/04 26/12/03 26/09/03 25/06/03 31/03/03 30/12/02 26/09/02 -
Price 2.63 2.20 1.86 2.77 2.50 2.85 2.55 -
P/RPS 3.36 2.63 2.02 4.41 2.44 2.88 2.51 21.39%
P/EPS 9.56 7.76 5.83 12.09 8.57 9.86 8.07 11.92%
EY 10.46 12.88 17.16 8.27 11.67 10.14 12.39 -10.64%
DY 1.14 0.00 0.00 0.00 1.20 0.00 0.00 -
P/NAPS 1.72 1.50 0.88 1.39 1.26 1.49 1.38 15.76%

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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