[KESM] QoQ Annualized Quarter Result on 31-Jan-2004 [#2]

Announcement Date
22-Mar-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2004
Quarter
31-Jan-2004 [#2]
Profit Trend
QoQ- 0.79%
YoY- 6.9%
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Annualized Quarter Result
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
Revenue 190,536 151,941 140,028 131,416 129,260 104,720 97,557 55.93%
PBT 23,600 18,739 17,010 14,390 14,424 13,767 12,798 50.09%
Tax -7,936 -5,813 -5,525 -4,722 -4,832 -3,661 -2,893 95.36%
NP 15,664 12,926 11,485 9,668 9,592 10,106 9,905 35.54%
-
NP to SH 15,664 12,926 11,485 9,668 9,592 10,106 9,905 35.54%
-
Tax Rate 33.63% 31.02% 32.48% 32.81% 33.50% 26.59% 22.61% -
Total Cost 174,872 139,015 128,542 121,748 119,668 94,614 87,652 58.14%
-
Net Worth 110,243 107,716 98,568 94,541 92,922 89,269 84,874 18.95%
Dividend
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
Div - 754 - - - 736 - -
Div Payout % - 5.83% - - - 7.29% - -
Equity
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
Net Worth 110,243 107,716 98,568 94,541 92,922 89,269 84,874 18.95%
NOSH 42,565 43,086 42,855 42,778 42,821 42,108 42,437 0.20%
Ratio Analysis
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
NP Margin 8.22% 8.51% 8.20% 7.36% 7.42% 9.65% 10.15% -
ROE 14.21% 12.00% 11.65% 10.23% 10.32% 11.32% 11.67% -
Per Share
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
RPS 447.63 352.64 326.74 307.20 301.86 248.69 229.89 55.61%
EPS 36.80 30.00 26.80 22.60 22.40 24.00 23.33 35.31%
DPS 0.00 1.75 0.00 0.00 0.00 1.75 0.00 -
NAPS 2.59 2.50 2.30 2.21 2.17 2.12 2.00 18.71%
Adjusted Per Share Value based on latest NOSH - 42,736
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
RPS 442.96 353.23 325.54 305.52 300.50 243.45 226.80 55.93%
EPS 36.42 30.05 26.70 22.48 22.30 23.49 23.03 35.54%
DPS 0.00 1.75 0.00 0.00 0.00 1.71 0.00 -
NAPS 2.5629 2.5042 2.2915 2.1979 2.1603 2.0753 1.9732 18.94%
Price Multiplier on Financial Quarter End Date
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
Date 29/10/04 30/07/04 30/04/04 30/01/04 31/10/03 31/07/03 30/04/03 -
Price 2.65 2.50 3.00 3.40 3.34 3.30 2.10 -
P/RPS 0.59 0.71 0.92 1.11 1.11 1.33 0.91 -24.99%
P/EPS 7.20 8.33 11.19 15.04 14.91 13.75 9.00 -13.76%
EY 13.89 12.00 8.93 6.65 6.71 7.27 11.11 15.97%
DY 0.00 0.70 0.00 0.00 0.00 0.53 0.00 -
P/NAPS 1.02 1.00 1.30 1.54 1.54 1.56 1.05 -1.90%
Price Multiplier on Announcement Date
31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 30/04/03 CAGR
Date 19/11/04 20/09/04 21/05/04 22/03/04 21/11/03 23/09/03 29/05/03 -
Price 2.55 2.70 2.95 3.32 3.20 3.12 2.45 -
P/RPS 0.57 0.77 0.90 1.08 1.06 1.25 1.07 -34.16%
P/EPS 6.93 9.00 11.01 14.69 14.29 13.00 10.50 -24.09%
EY 14.43 11.11 9.08 6.81 7.00 7.69 9.53 31.69%
DY 0.00 0.65 0.00 0.00 0.00 0.56 0.00 -
P/NAPS 0.98 1.08 1.28 1.50 1.47 1.47 1.23 -13.99%

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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