[TM] QoQ Quarter Result on 30-Jun-2003 [#2]

Announcement Date
26-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Jun-2003 [#2]
Profit Trend
QoQ- -0.62%
YoY- 6.61%
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Quarter Result
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Revenue 3,257,044 3,200,009 3,307,412 2,950,943 2,337,986 2,563,423 2,493,173 19.48%
PBT 706,071 511,299 455,557 412,436 431,160 246,730 412,941 42.94%
Tax -198,940 -11,539 -122,364 -134,573 -151,562 -144,086 -185,920 4.61%
NP 507,131 499,760 333,193 277,863 279,598 102,644 227,021 70.80%
-
NP to SH 507,131 499,760 333,193 277,863 279,598 102,644 227,021 70.80%
-
Tax Rate 28.18% 2.26% 26.86% 32.63% 35.15% 58.40% 45.02% -
Total Cost 2,749,913 2,700,249 2,974,219 2,673,080 2,058,388 2,460,779 2,266,152 13.75%
-
Net Worth 13,660,595 12,606,204 11,953,299 11,381,963 14,075,216 12,594,768 12,539,999 5.86%
Dividend
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Div - 644,851 - - - 314,869 - -
Div Payout % - 129.03% - - - 306.76% - -
Equity
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Net Worth 13,660,595 12,606,204 11,953,299 11,381,963 14,075,216 12,594,768 12,539,999 5.86%
NOSH 3,293,058 3,224,258 3,203,778 3,157,534 3,177,249 3,148,692 3,134,999 3.33%
Ratio Analysis
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
NP Margin 15.57% 15.62% 10.07% 9.42% 11.96% 4.00% 9.11% -
ROE 3.71% 3.96% 2.79% 2.44% 1.99% 0.81% 1.81% -
Per Share
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 98.91 99.25 103.23 93.46 73.59 81.41 79.53 15.63%
EPS 15.40 15.50 10.40 8.80 8.80 3.20 7.20 65.92%
DPS 0.00 20.00 0.00 0.00 0.00 10.00 0.00 -
NAPS 4.1483 3.9098 3.731 3.6047 4.43 4.00 4.00 2.45%
Adjusted Per Share Value based on latest NOSH - 3,157,534
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 84.89 83.40 86.20 76.91 60.93 66.81 64.98 19.48%
EPS 13.22 13.02 8.68 7.24 7.29 2.68 5.92 70.76%
DPS 0.00 16.81 0.00 0.00 0.00 8.21 0.00 -
NAPS 3.5603 3.2855 3.1153 2.9664 3.6683 3.2825 3.2682 5.86%
Price Multiplier on Financial Quarter End Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 -
Price 5.15 4.20 3.67 3.92 3.58 3.95 3.55 -
P/RPS 5.21 4.23 3.56 4.19 4.87 4.85 4.46 10.90%
P/EPS 33.44 27.10 35.29 44.55 40.68 121.17 49.02 -22.48%
EY 2.99 3.69 2.83 2.24 2.46 0.83 2.04 29.00%
DY 0.00 4.76 0.00 0.00 0.00 2.53 0.00 -
P/NAPS 1.24 1.07 0.98 1.09 0.81 0.99 0.89 24.71%
Price Multiplier on Announcement Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 26/05/04 26/02/04 21/11/03 26/08/03 27/05/03 27/02/03 29/11/02 -
Price 4.75 5.25 4.18 3.95 3.78 3.95 3.60 -
P/RPS 4.80 5.29 4.05 4.23 5.14 4.85 4.53 3.93%
P/EPS 30.84 33.87 40.19 44.89 42.95 121.17 49.71 -27.23%
EY 3.24 2.95 2.49 2.23 2.33 0.83 2.01 37.43%
DY 0.00 3.81 0.00 0.00 0.00 2.53 0.00 -
P/NAPS 1.15 1.34 1.12 1.10 0.85 0.99 0.90 17.73%

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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