[3A] QoQ Annualized Quarter Result on 30-Sep-2004 [#3]

Announcement Date
26-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 3.05%
YoY- 90.27%
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Annualized Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 64,974 61,292 60,595 60,897 58,740 52,924 40,501 37.08%
PBT 5,202 4,300 6,267 6,618 6,366 5,188 3,234 37.32%
Tax -770 -1,268 -1,822 -2,158 -2,038 -1,700 -615 16.18%
NP 4,432 3,032 4,445 4,460 4,328 3,488 2,619 42.05%
-
NP to SH 4,432 3,032 4,445 4,460 4,328 3,488 2,619 42.05%
-
Tax Rate 14.80% 29.49% 29.07% 32.61% 32.01% 32.77% 19.02% -
Total Cost 60,542 58,260 56,150 56,437 54,412 49,436 37,882 36.73%
-
Net Worth 44,460 43,037 37,586 36,501 35,224 34,190 33,178 21.56%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 44,460 43,037 37,586 36,501 35,224 34,190 33,178 21.56%
NOSH 140,253 140,370 139,935 139,958 139,612 140,645 140,053 0.09%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 6.82% 4.95% 7.34% 7.32% 7.37% 6.59% 6.47% -
ROE 9.97% 7.05% 11.83% 12.22% 12.29% 10.20% 7.89% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 46.33 43.66 43.30 43.51 42.07 37.63 28.92 36.95%
EPS 3.16 2.16 3.18 3.19 3.10 2.48 1.87 41.91%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.317 0.3066 0.2686 0.2608 0.2523 0.2431 0.2369 21.45%
Adjusted Per Share Value based on latest NOSH - 140,595
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 13.21 12.46 12.32 12.38 11.94 10.76 8.23 37.12%
EPS 0.90 0.62 0.90 0.91 0.88 0.71 0.53 42.38%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0904 0.0875 0.0764 0.0742 0.0716 0.0695 0.0674 21.64%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 0.26 0.26 0.30 0.28 0.24 0.25 0.30 -
P/RPS 0.56 0.60 0.69 0.64 0.57 0.66 1.04 -33.83%
P/EPS 8.23 12.04 9.44 8.79 7.74 10.08 16.04 -35.93%
EY 12.15 8.31 10.59 11.38 12.92 9.92 6.23 56.15%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.82 0.85 1.12 1.07 0.95 1.03 1.27 -25.31%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 01/08/05 15/06/05 28/02/05 26/11/04 10/08/04 22/04/04 27/02/04 -
Price 0.19 0.26 0.29 0.30 0.23 0.25 0.28 -
P/RPS 0.41 0.60 0.67 0.69 0.55 0.66 0.97 -43.70%
P/EPS 6.01 12.04 9.13 9.41 7.42 10.08 14.97 -45.60%
EY 16.63 8.31 10.95 10.62 13.48 9.92 6.68 83.78%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.60 0.85 1.08 1.15 0.91 1.03 1.18 -36.32%

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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