[MFCB] QoQ Annualized Quarter Result on 31-Mar-2004 [#3]

Announcement Date
26-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2004
Quarter
31-Mar-2004 [#3]
Profit Trend
QoQ- 5.94%
YoY- 46.19%
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Annualized Quarter Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 604,390 618,628 450,221 425,789 410,510 399,412 376,633 36.87%
PBT 58,466 60,316 64,116 66,925 63,138 60,736 49,421 11.79%
Tax -31,210 -29,932 -33,856 -33,889 -31,954 -31,972 -22,878 22.88%
NP 27,256 30,384 30,260 33,036 31,184 28,764 26,543 1.77%
-
NP to SH 27,256 30,384 30,260 33,036 31,184 28,764 26,543 1.77%
-
Tax Rate 53.38% 49.63% 52.80% 50.64% 50.61% 52.64% 46.29% -
Total Cost 577,134 588,244 419,961 392,753 379,326 370,648 350,090 39.33%
-
Net Worth 264,071 252,413 245,478 240,690 231,167 219,266 212,343 15.56%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div - - 3,540 - - - 2,359 -
Div Payout % - - 11.70% - - - 8.89% -
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 264,071 252,413 245,478 240,690 231,167 219,266 212,343 15.56%
NOSH 235,778 235,900 236,037 235,971 235,885 235,770 235,937 -0.04%
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 4.51% 4.91% 6.72% 7.76% 7.60% 7.20% 7.05% -
ROE 10.32% 12.04% 12.33% 13.73% 13.49% 13.12% 12.50% -
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 256.34 262.24 190.74 180.44 174.03 169.41 159.63 36.93%
EPS 11.56 12.88 12.82 14.00 13.22 12.20 11.25 1.82%
DPS 0.00 0.00 1.50 0.00 0.00 0.00 1.00 -
NAPS 1.12 1.07 1.04 1.02 0.98 0.93 0.90 15.61%
Adjusted Per Share Value based on latest NOSH - 236,118
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 61.15 62.59 45.55 43.08 41.53 40.41 38.11 36.86%
EPS 2.76 3.07 3.06 3.34 3.16 2.91 2.69 1.71%
DPS 0.00 0.00 0.36 0.00 0.00 0.00 0.24 -
NAPS 0.2672 0.2554 0.2484 0.2435 0.2339 0.2219 0.2148 15.58%
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 0.95 0.94 1.02 1.03 1.02 0.85 0.71 -
P/RPS 0.37 0.36 0.53 0.57 0.59 0.50 0.44 -10.86%
P/EPS 8.22 7.30 7.96 7.36 7.72 6.97 6.31 19.18%
EY 12.17 13.70 12.57 13.59 12.96 14.35 15.85 -16.08%
DY 0.00 0.00 1.47 0.00 0.00 0.00 1.41 -
P/NAPS 0.85 0.88 0.98 1.01 1.04 0.91 0.79 4.97%
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 28/02/05 26/11/04 30/08/04 26/05/04 27/02/04 20/11/03 28/08/03 -
Price 0.88 0.92 0.94 0.93 1.04 1.04 0.71 -
P/RPS 0.34 0.35 0.49 0.52 0.60 0.61 0.44 -15.72%
P/EPS 7.61 7.14 7.33 6.64 7.87 8.52 6.31 13.23%
EY 13.14 14.00 13.64 15.05 12.71 11.73 15.85 -11.70%
DY 0.00 0.00 1.60 0.00 0.00 0.00 1.41 -
P/NAPS 0.79 0.86 0.90 0.91 1.06 1.12 0.79 0.00%

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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