[PHARMA] QoQ TTM Result on 31-Mar-2004 [#1]

Announcement Date
18-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 1.81%
YoY- -0.36%
Quarter Report
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TTM Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 799,991 765,831 692,766 669,384 632,604 595,774 596,928 21.44%
PBT 81,778 78,178 72,514 69,597 66,841 59,464 62,072 20.07%
Tax -30,943 -31,216 -28,527 -28,103 -26,085 -21,424 -23,185 21.11%
NP 50,835 46,962 43,987 41,494 40,756 38,040 38,887 19.45%
-
NP to SH 50,835 46,962 43,987 41,494 40,756 38,040 38,887 19.45%
-
Tax Rate 37.84% 39.93% 39.34% 40.38% 39.03% 36.03% 37.35% -
Total Cost 749,156 718,869 648,779 627,890 591,848 557,734 558,041 21.58%
-
Net Worth 264,914 256,815 240,475 236,797 222,586 211,489 194,744 22.65%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 15,245 16,578 22,592 18,045 18,045 8,506 3,744 153.91%
Div Payout % 29.99% 35.30% 51.36% 43.49% 44.28% 22.36% 9.63% -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 264,914 256,815 240,475 236,797 222,586 211,489 194,744 22.65%
NOSH 101,890 101,508 101,039 100,764 100,263 100,232 99,869 1.33%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 6.35% 6.13% 6.35% 6.20% 6.44% 6.38% 6.51% -
ROE 19.19% 18.29% 18.29% 17.52% 18.31% 17.99% 19.97% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 785.15 754.45 685.64 664.30 630.94 594.39 597.71 19.84%
EPS 49.89 46.26 43.53 41.18 40.65 37.95 38.94 17.87%
DPS 15.00 16.50 22.50 18.00 18.00 8.50 3.75 150.92%
NAPS 2.60 2.53 2.38 2.35 2.22 2.11 1.95 21.03%
Adjusted Per Share Value based on latest NOSH - 100,764
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 55.51 53.14 48.07 46.45 43.89 41.34 41.42 21.44%
EPS 3.53 3.26 3.05 2.88 2.83 2.64 2.70 19.46%
DPS 1.06 1.15 1.57 1.25 1.25 0.59 0.26 154.12%
NAPS 0.1838 0.1782 0.1669 0.1643 0.1544 0.1467 0.1351 22.66%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 5.27 4.77 4.82 5.50 4.82 4.55 4.07 -
P/RPS 0.67 0.63 0.70 0.83 0.76 0.77 0.68 -0.97%
P/EPS 10.56 10.31 11.07 13.36 11.86 11.99 10.45 0.69%
EY 9.47 9.70 9.03 7.49 8.43 8.34 9.57 -0.69%
DY 2.85 3.46 4.67 3.27 3.73 1.87 0.92 111.77%
P/NAPS 2.03 1.89 2.03 2.34 2.17 2.16 2.09 -1.91%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 23/02/05 26/11/04 06/08/04 18/05/04 19/02/04 14/11/03 19/08/03 -
Price 4.95 4.77 4.64 4.55 5.23 5.00 4.73 -
P/RPS 0.63 0.63 0.68 0.68 0.83 0.84 0.79 -13.94%
P/EPS 9.92 10.31 10.66 11.05 12.87 13.17 12.15 -12.59%
EY 10.08 9.70 9.38 9.05 7.77 7.59 8.23 14.40%
DY 3.03 3.46 4.85 3.96 3.44 1.70 0.79 144.02%
P/NAPS 1.90 1.89 1.95 1.94 2.36 2.37 2.43 -15.06%

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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