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

Announcement Date
20-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 18.93%
YoY- 223.82%
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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 283,957 277,294 261,808 239,636 201,674 161,835 128,962 68.84%
PBT 37,463 34,440 30,298 27,731 22,453 12,751 -10,254 -
Tax -8,594 -8,115 -7,491 -6,700 -4,770 -3,202 -1,468 223.08%
NP 28,869 26,325 22,807 21,031 17,683 9,549 -11,722 -
-
NP to SH 28,869 26,325 22,807 21,031 17,683 9,549 -11,722 -
-
Tax Rate 22.94% 23.56% 24.72% 24.16% 21.24% 25.11% - -
Total Cost 255,088 250,969 239,001 218,605 183,991 152,286 140,684 48.42%
-
Net Worth 131,444 123,924 122,724 115,669 105,985 104,700 101,802 18.48%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 10,876 7,396 7,396 4,891 4,891 4,802 4,802 72.03%
Div Payout % 37.68% 28.10% 32.43% 23.26% 27.66% 50.29% 0.00% -
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 131,444 123,924 122,724 115,669 105,985 104,700 101,802 18.48%
NOSH 83,722 83,171 83,486 83,215 81,527 82,441 81,442 1.84%
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 10.17% 9.49% 8.71% 8.78% 8.77% 5.90% -9.09% -
ROE 21.96% 21.24% 18.58% 18.18% 16.68% 9.12% -11.51% -
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 339.16 333.40 313.59 287.97 247.37 196.30 158.35 65.77%
EPS 34.48 31.65 27.32 25.27 21.69 11.58 -14.39 -
DPS 13.00 9.00 8.86 5.88 6.00 5.83 5.90 68.92%
NAPS 1.57 1.49 1.47 1.39 1.30 1.27 1.25 16.33%
Adjusted Per Share Value based on latest NOSH - 83,215
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 250.97 245.08 231.40 211.80 178.25 143.04 113.98 68.84%
EPS 25.52 23.27 20.16 18.59 15.63 8.44 -10.36 -
DPS 9.61 6.54 6.54 4.32 4.32 4.24 4.24 72.11%
NAPS 1.1618 1.0953 1.0847 1.0223 0.9367 0.9254 0.8998 18.48%
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 3.56 3.20 3.72 4.68 4.28 3.70 3.00 -
P/RPS 1.05 0.96 1.19 1.63 1.73 1.88 1.89 -32.29%
P/EPS 10.32 10.11 13.62 18.52 19.73 31.94 -20.84 -
EY 9.69 9.89 7.34 5.40 5.07 3.13 -4.80 -
DY 3.65 2.81 2.38 1.26 1.40 1.57 1.97 50.57%
P/NAPS 2.27 2.15 2.53 3.37 3.29 2.91 2.40 -3.62%
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 24/02/05 26/11/04 27/09/04 20/05/04 24/02/04 13/11/03 21/08/03 -
Price 3.54 3.20 3.14 4.00 4.56 4.36 3.52 -
P/RPS 1.04 0.96 1.00 1.39 1.84 2.22 2.22 -39.54%
P/EPS 10.27 10.11 11.49 15.83 21.02 37.64 -24.46 -
EY 9.74 9.89 8.70 6.32 4.76 2.66 -4.09 -
DY 3.67 2.81 2.82 1.47 1.32 1.34 1.68 67.96%
P/NAPS 2.25 2.15 2.14 2.88 3.51 3.43 2.82 -13.91%

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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