[REX] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
31-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -62.94%
YoY- 23.36%
Quarter Report
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 98,837 85,122 76,110 84,088 98,460 95,501 87,356 8.55%
PBT 4,332 3,245 2,830 1,708 5,039 4,320 3,384 17.84%
Tax 241 -310 -280 -208 -992 -357 -220 -
NP 4,573 2,934 2,550 1,500 4,047 3,962 3,164 27.74%
-
NP to SH 4,573 2,934 2,550 1,500 4,047 3,962 3,164 27.74%
-
Tax Rate -5.56% 9.55% 9.89% 12.18% 19.69% 8.26% 6.50% -
Total Cost 94,264 82,188 73,560 82,588 94,413 91,538 84,192 7.80%
-
Net Worth 96,938 90,485 89,616 88,858 88,282 86,886 85,590 8.62%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div - - - - 4,027 - - -
Div Payout % - - - - 99.52% - - -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 96,938 90,485 89,616 88,858 88,282 86,886 85,590 8.62%
NOSH 40,730 40,759 40,734 40,760 40,683 40,601 40,564 0.27%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 4.63% 3.45% 3.35% 1.78% 4.11% 4.15% 3.62% -
ROE 4.72% 3.24% 2.85% 1.69% 4.58% 4.56% 3.70% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 242.66 208.84 186.84 206.30 242.02 235.22 215.35 8.26%
EPS 11.23 7.20 6.26 3.68 9.96 9.76 7.80 27.41%
DPS 0.00 0.00 0.00 0.00 9.90 0.00 0.00 -
NAPS 2.38 2.22 2.20 2.18 2.17 2.14 2.11 8.33%
Adjusted Per Share Value based on latest NOSH - 40,760
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 15.03 12.94 11.57 12.79 14.97 14.52 13.28 8.57%
EPS 0.70 0.45 0.39 0.23 0.62 0.60 0.48 28.51%
DPS 0.00 0.00 0.00 0.00 0.61 0.00 0.00 -
NAPS 0.1474 0.1376 0.1363 0.1351 0.1342 0.1321 0.1301 8.65%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 1.00 1.05 1.17 1.33 1.34 1.39 1.36 -
P/RPS 0.41 0.50 0.63 0.64 0.55 0.59 0.63 -24.84%
P/EPS 8.91 14.58 18.69 36.14 13.47 14.24 17.44 -36.01%
EY 11.23 6.86 5.35 2.77 7.42 7.02 5.74 56.23%
DY 0.00 0.00 0.00 0.00 7.39 0.00 0.00 -
P/NAPS 0.42 0.47 0.53 0.61 0.62 0.65 0.64 -24.42%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 28/02/06 30/11/05 30/08/05 31/05/05 28/02/05 30/11/04 30/08/04 -
Price 1.10 1.05 1.08 1.04 1.34 1.39 1.30 -
P/RPS 0.45 0.50 0.58 0.50 0.55 0.59 0.60 -17.40%
P/EPS 9.80 14.58 17.25 28.26 13.47 14.24 16.67 -29.75%
EY 10.21 6.86 5.80 3.54 7.42 7.02 6.00 42.39%
DY 0.00 0.00 0.00 0.00 7.39 0.00 0.00 -
P/NAPS 0.46 0.47 0.49 0.48 0.62 0.65 0.62 -18.00%

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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