[TWS] QoQ Annualized Quarter Result on 30-Sep-2005 [#3]

Announcement Date
24-Nov-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
30-Sep-2005 [#3]
Profit Trend
QoQ- 65.57%
YoY- -46.21%
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Annualized Quarter Result
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Revenue 998,360 875,520 969,583 946,677 931,320 880,848 849,849 11.36%
PBT 34,224 22,596 53,384 63,250 43,260 49,844 102,988 -52.12%
Tax -16,632 -12,700 -23,046 -25,920 -22,928 -21,044 -28,337 -29.96%
NP 17,592 9,896 30,338 37,330 20,332 28,800 74,651 -61.94%
-
NP to SH 26,288 21,424 33,015 40,714 24,590 28,800 74,651 -50.22%
-
Tax Rate 48.60% 56.20% 43.17% 40.98% 53.00% 42.22% 27.51% -
Total Cost 980,768 865,624 939,245 909,346 910,988 852,048 775,198 17.02%
-
Net Worth 1,190,496 1,476,598 1,030,619 963,514 948,048 968,888 1,094,802 5.76%
Dividend
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Div 47,472 - 53,378 31,623 - - 59,301 -13.81%
Div Payout % 180.59% - 161.68% 77.67% - - 79.44% -
Equity
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Net Worth 1,190,496 1,476,598 1,030,619 963,514 948,048 968,888 1,094,802 5.76%
NOSH 296,704 295,911 296,547 296,466 296,265 296,296 296,509 0.04%
Ratio Analysis
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
NP Margin 1.76% 1.13% 3.13% 3.94% 2.18% 3.27% 8.78% -
ROE 2.21% 1.45% 3.20% 4.23% 2.59% 2.97% 6.82% -
Per Share
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
RPS 336.48 295.87 326.96 319.32 314.35 297.29 286.62 11.31%
EPS 8.86 7.24 11.14 13.73 8.30 9.72 25.18 -50.25%
DPS 16.00 0.00 18.00 10.67 0.00 0.00 20.00 -13.85%
NAPS 4.0124 4.99 3.4754 3.25 3.20 3.27 3.6923 5.71%
Adjusted Per Share Value based on latest NOSH - 296,601
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
RPS 336.76 295.33 327.06 319.33 314.15 297.12 286.67 11.36%
EPS 8.87 7.23 11.14 13.73 8.29 9.71 25.18 -50.21%
DPS 16.01 0.00 18.01 10.67 0.00 0.00 20.00 -13.82%
NAPS 4.0157 4.9808 3.4764 3.2501 3.1979 3.2682 3.6929 5.76%
Price Multiplier on Financial Quarter End Date
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Date 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 -
Price 2.39 2.42 2.50 2.56 2.52 2.74 2.68 -
P/RPS 0.71 0.82 0.76 0.80 0.80 0.92 0.94 -17.10%
P/EPS 26.98 33.43 22.46 18.64 30.36 28.19 10.64 86.26%
EY 3.71 2.99 4.45 5.36 3.29 3.55 9.39 -46.24%
DY 6.69 0.00 7.20 4.17 0.00 0.00 7.46 -7.02%
P/NAPS 0.60 0.48 0.72 0.79 0.79 0.84 0.73 -12.28%
Price Multiplier on Announcement Date
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Date 24/08/06 25/05/06 28/02/06 24/11/05 17/08/05 24/05/05 24/02/05 -
Price 2.61 2.44 2.51 2.50 2.55 2.77 2.76 -
P/RPS 0.78 0.82 0.77 0.78 0.81 0.93 0.96 -12.96%
P/EPS 29.46 33.70 22.55 18.20 30.72 28.50 10.96 93.67%
EY 3.39 2.97 4.44 5.49 3.25 3.51 9.12 -48.39%
DY 6.13 0.00 7.17 4.27 0.00 0.00 7.25 -10.61%
P/NAPS 0.65 0.49 0.72 0.77 0.80 0.85 0.75 -9.12%

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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