[TM] QoQ Quarter Result on 31-Dec-2004 [#4]

Announcement Date
24-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 149.77%
YoY- 64.92%
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Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 3,451,114 3,322,352 3,414,887 3,465,105 3,285,164 3,243,587 3,257,044 3.93%
PBT 931,000 501,771 532,928 943,773 521,570 1,001,425 706,071 20.22%
Tax -128,929 -55,503 -158,453 -119,573 -191,592 -49,274 -198,940 -25.09%
NP 802,071 446,268 374,475 824,200 329,978 952,151 507,131 35.70%
-
NP to SH 775,902 426,135 374,475 824,200 329,978 952,151 507,131 32.74%
-
Tax Rate 13.85% 11.06% 29.73% 12.67% 36.73% 4.92% 28.18% -
Total Cost 2,649,043 2,876,084 3,040,412 2,640,905 2,955,186 2,291,436 2,749,913 -2.45%
-
Net Worth 14,851,239 14,408,436 14,804,919 15,359,846 14,483,340 14,347,411 13,660,595 5.72%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div - 338,202 - 675,573 - 334,088 - -
Div Payout % - 79.37% - 81.97% - 35.09% - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 14,851,239 14,408,436 14,804,919 15,359,846 14,483,340 14,347,411 13,660,595 5.72%
NOSH 3,388,218 3,382,023 3,373,648 3,377,868 3,367,122 3,340,880 3,293,058 1.91%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 23.24% 13.43% 10.97% 23.79% 10.04% 29.35% 15.57% -
ROE 5.22% 2.96% 2.53% 5.37% 2.28% 6.64% 3.71% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 101.86 98.24 101.22 102.58 97.57 97.09 98.91 1.97%
EPS 22.90 12.60 11.10 24.40 9.80 28.50 15.40 30.24%
DPS 0.00 10.00 0.00 20.00 0.00 10.00 0.00 -
NAPS 4.3832 4.2603 4.3884 4.5472 4.3014 4.2945 4.1483 3.73%
Adjusted Per Share Value based on latest NOSH - 3,377,868
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 89.94 86.59 89.00 90.31 85.62 84.54 84.89 3.92%
EPS 20.22 11.11 9.76 21.48 8.60 24.82 13.22 32.71%
DPS 0.00 8.81 0.00 17.61 0.00 8.71 0.00 -
NAPS 3.8706 3.7552 3.8585 4.0031 3.7747 3.7393 3.5603 5.72%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 5.20 5.00 4.88 5.80 5.60 5.15 5.15 -
P/RPS 5.11 5.09 4.82 5.65 5.74 5.30 5.21 -1.28%
P/EPS 22.71 39.68 43.96 23.77 57.14 18.07 33.44 -22.71%
EY 4.40 2.52 2.27 4.21 1.75 5.53 2.99 29.34%
DY 0.00 2.00 0.00 3.45 0.00 1.94 0.00 -
P/NAPS 1.19 1.17 1.11 1.28 1.30 1.20 1.24 -2.70%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 29/11/05 25/08/05 31/05/05 24/02/05 30/11/04 24/08/04 26/05/04 -
Price 4.80 5.50 4.90 5.30 6.00 5.05 4.75 -
P/RPS 4.71 5.60 4.84 5.17 6.15 5.20 4.80 -1.25%
P/EPS 20.96 43.65 44.14 21.72 61.22 17.72 30.84 -22.68%
EY 4.77 2.29 2.27 4.60 1.63 5.64 3.24 29.38%
DY 0.00 1.82 0.00 3.77 0.00 1.98 0.00 -
P/NAPS 1.10 1.29 1.12 1.17 1.39 1.18 1.15 -2.91%

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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