[SOP] QoQ TTM Result on 31-Dec-2004 [#4]

Announcement Date
26-Apr-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 17.1%
YoY- -21.33%
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TTM Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 185,166 174,963 173,574 167,954 145,660 139,852 120,805 32.90%
PBT 37,912 39,145 43,226 47,403 41,325 43,535 56,511 -23.34%
Tax -13,383 -12,238 -12,411 -13,541 -12,409 -12,461 -11,508 10.57%
NP 24,529 26,907 30,815 33,862 28,916 31,074 45,003 -33.24%
-
NP to SH 24,529 26,907 30,815 33,862 28,916 31,074 45,003 -33.24%
-
Tax Rate 35.30% 31.26% 28.71% 28.57% 30.03% 28.62% 20.36% -
Total Cost 160,637 148,056 142,759 134,092 116,744 108,778 75,802 64.90%
-
Net Worth 189,875 233,728 229,993 226,014 214,582 211,703 203,269 -4.43%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 4,750 4,747 4,747 4,747 4,747 - - -
Div Payout % 19.37% 17.64% 15.41% 14.02% 16.42% - - -
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 189,875 233,728 229,993 226,014 214,582 211,703 203,269 -4.43%
NOSH 94,937 95,011 95,038 94,963 94,948 94,934 94,985 -0.03%
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 13.25% 15.38% 17.75% 20.16% 19.85% 22.22% 37.25% -
ROE 12.92% 11.51% 13.40% 14.98% 13.48% 14.68% 22.14% -
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 195.04 184.15 182.64 176.86 153.41 147.31 127.18 32.95%
EPS 25.84 28.32 32.42 35.66 30.45 32.73 47.38 -33.22%
DPS 5.00 5.00 5.00 5.00 5.00 0.00 0.00 -
NAPS 2.00 2.46 2.42 2.38 2.26 2.23 2.14 -4.40%
Adjusted Per Share Value based on latest NOSH - 94,963
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 20.72 19.58 19.43 18.80 16.30 15.65 13.52 32.89%
EPS 2.75 3.01 3.45 3.79 3.24 3.48 5.04 -33.20%
DPS 0.53 0.53 0.53 0.53 0.53 0.00 0.00 -
NAPS 0.2125 0.2616 0.2574 0.253 0.2402 0.237 0.2275 -4.44%
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 2.19 2.06 2.06 2.23 2.22 2.31 2.79 -
P/RPS 1.12 1.12 1.13 1.26 1.45 1.57 2.19 -36.02%
P/EPS 8.48 7.27 6.35 6.25 7.29 7.06 5.89 27.47%
EY 11.80 13.75 15.74 15.99 13.72 14.17 16.98 -21.52%
DY 2.28 2.43 2.43 2.24 2.25 0.00 0.00 -
P/NAPS 1.10 0.84 0.85 0.94 0.98 1.04 1.30 -10.53%
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 14/12/05 26/08/05 28/04/05 26/04/05 24/12/04 26/07/04 24/05/04 -
Price 1.52 2.03 2.03 2.04 2.20 2.30 2.31 -
P/RPS 0.78 1.10 1.11 1.15 1.43 1.56 1.82 -43.12%
P/EPS 5.88 7.17 6.26 5.72 7.22 7.03 4.88 13.21%
EY 17.00 13.95 15.97 17.48 13.84 14.23 20.51 -11.75%
DY 3.29 2.46 2.46 2.45 2.27 0.00 0.00 -
P/NAPS 0.76 0.83 0.84 0.86 0.97 1.03 1.08 -20.86%

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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