[SERNKOU] QoQ Annualized Quarter Result on 31-Dec-2005 [#4]

Announcement Date
22-Mar-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Dec-2005 [#4]
Profit Trend
QoQ- -18.43%
YoY- -50.26%
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Annualized Quarter Result
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Revenue 137,954 133,898 117,716 121,459 122,808 122,748 128,360 4.91%
PBT 5,952 6,330 5,244 8,030 8,110 8,918 11,940 -37.10%
Tax -1,276 -1,306 -1,000 -2,136 -885 -1,898 -2,768 -40.29%
NP 4,676 5,024 4,244 5,894 7,225 7,020 9,172 -36.15%
-
NP to SH 4,676 5,024 4,244 5,894 7,225 7,020 9,172 -36.15%
-
Tax Rate 21.44% 20.63% 19.07% 26.60% 10.91% 21.28% 23.18% -
Total Cost 133,278 128,874 113,472 115,565 115,582 115,728 119,188 7.72%
-
Net Worth 70,860 69,711 72,340 70,832 69,535 68,283 66,541 4.27%
Dividend
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Div 2,001 3,004 - 3,001 3,996 - 8,992 -63.24%
Div Payout % 42.81% 59.81% - 50.92% 55.31% - 98.04% -
Equity
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Net Worth 70,860 69,711 72,340 70,832 69,535 68,283 66,541 4.27%
NOSH 120,102 120,191 120,568 120,055 119,889 119,795 89,921 21.25%
Ratio Analysis
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
NP Margin 3.39% 3.75% 3.61% 4.85% 5.88% 5.72% 7.15% -
ROE 6.60% 7.21% 5.87% 8.32% 10.39% 10.28% 13.78% -
Per Share
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
RPS 114.86 111.40 97.63 101.17 102.43 102.46 142.75 -13.47%
EPS 3.89 4.18 3.52 4.91 6.03 5.86 10.20 -47.37%
DPS 1.67 2.50 0.00 2.50 3.33 0.00 10.00 -69.64%
NAPS 0.59 0.58 0.60 0.59 0.58 0.57 0.74 -14.00%
Adjusted Per Share Value based on latest NOSH - 119,569
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
RPS 12.80 12.42 10.92 11.27 11.39 11.39 11.91 4.91%
EPS 0.43 0.47 0.39 0.55 0.67 0.65 0.85 -36.48%
DPS 0.19 0.28 0.00 0.28 0.37 0.00 0.83 -62.54%
NAPS 0.0657 0.0647 0.0671 0.0657 0.0645 0.0633 0.0617 4.27%
Price Multiplier on Financial Quarter End Date
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Date 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 31/03/05 -
Price 0.48 0.49 0.50 0.45 0.53 0.56 0.90 -
P/RPS 0.42 0.44 0.51 0.44 0.52 0.55 0.63 -23.66%
P/EPS 12.33 11.72 14.20 9.17 8.79 9.56 8.82 24.99%
EY 8.11 8.53 7.04 10.91 11.37 10.46 11.33 -19.96%
DY 3.47 5.10 0.00 5.56 6.29 0.00 11.11 -53.93%
P/NAPS 0.81 0.84 0.83 0.76 0.91 0.98 1.22 -23.87%
Price Multiplier on Announcement Date
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Date 24/11/06 25/08/06 26/05/06 22/03/06 11/11/05 26/08/05 20/05/05 -
Price 0.45 0.48 0.50 0.50 0.49 0.57 0.63 -
P/RPS 0.39 0.43 0.51 0.49 0.48 0.56 0.44 -7.72%
P/EPS 11.56 11.48 14.20 10.18 8.13 9.73 6.18 51.75%
EY 8.65 8.71 7.04 9.82 12.30 10.28 16.19 -34.13%
DY 3.70 5.21 0.00 5.00 6.80 0.00 15.87 -62.08%
P/NAPS 0.76 0.83 0.83 0.85 0.84 1.00 0.85 -7.18%

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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