[HARBOUR] QoQ Annualized Quarter Result on 31-Mar-2011 [#3]

Announcement Date
30-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2011
Quarter
31-Mar-2011 [#3]
Profit Trend
QoQ- -11.51%
YoY- -41.65%
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Annualized Quarter Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 421,064 420,460 357,060 336,410 328,820 326,180 308,706 22.92%
PBT 40,722 39,984 20,207 19,717 24,590 31,872 26,750 32.23%
Tax -10,892 -10,600 -6,950 -6,194 -9,052 -14,096 -8,509 17.83%
NP 29,830 29,384 13,257 13,522 15,538 17,776 18,241 38.68%
-
NP to SH 28,030 27,908 13,228 14,072 15,902 19,428 19,201 28.59%
-
Tax Rate 26.75% 26.51% 34.39% 31.41% 36.81% 44.23% 31.81% -
Total Cost 391,234 391,076 343,803 322,888 313,282 308,404 290,465 21.89%
-
Net Worth 254,818 251,390 243,935 242,014 238,348 238,302 238,323 4.54%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div - - 3,640 - - - - -
Div Payout % - - 27.52% - - - - -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 254,818 251,390 243,935 242,014 238,348 238,302 238,323 4.54%
NOSH 182,012 182,167 182,041 181,965 181,945 181,910 181,926 0.03%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 7.08% 6.99% 3.71% 4.02% 4.73% 5.45% 5.91% -
ROE 11.00% 11.10% 5.42% 5.81% 6.67% 8.15% 8.06% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 231.34 230.81 196.14 184.88 180.72 179.31 169.69 22.88%
EPS 15.40 15.32 7.27 7.73 8.74 10.68 10.55 28.59%
DPS 0.00 0.00 2.00 0.00 0.00 0.00 0.00 -
NAPS 1.40 1.38 1.34 1.33 1.31 1.31 1.31 4.51%
Adjusted Per Share Value based on latest NOSH - 182,027
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 105.16 105.01 89.18 84.02 82.12 81.46 77.10 22.91%
EPS 7.00 6.97 3.30 3.51 3.97 4.85 4.80 28.51%
DPS 0.00 0.00 0.91 0.00 0.00 0.00 0.00 -
NAPS 0.6364 0.6278 0.6092 0.6044 0.5953 0.5952 0.5952 4.55%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 0.90 0.90 0.97 1.02 1.09 0.76 0.78 -
P/RPS 0.39 0.39 0.49 0.55 0.60 0.42 0.46 -10.39%
P/EPS 5.84 5.87 13.35 13.19 12.47 7.12 7.39 -14.48%
EY 17.11 17.02 7.49 7.58 8.02 14.05 13.53 16.89%
DY 0.00 0.00 2.06 0.00 0.00 0.00 0.00 -
P/NAPS 0.64 0.65 0.72 0.77 0.83 0.58 0.60 4.38%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 27/02/12 29/11/11 24/08/11 30/05/11 28/02/11 25/11/10 24/08/10 -
Price 0.93 0.89 0.97 0.99 0.99 0.96 0.75 -
P/RPS 0.40 0.39 0.49 0.54 0.55 0.54 0.44 -6.14%
P/EPS 6.04 5.81 13.35 12.80 11.33 8.99 7.11 -10.27%
EY 16.56 17.21 7.49 7.81 8.83 11.13 14.07 11.44%
DY 0.00 0.00 2.06 0.00 0.00 0.00 0.00 -
P/NAPS 0.66 0.64 0.72 0.74 0.76 0.73 0.57 10.23%

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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