[HUPSENG] QoQ Annualized Quarter 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- -60.44%
YoY- 31.09%
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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 186,482 186,657 182,030 175,072 175,812 175,669 171,890 5.55%
PBT 9,799 11,997 10,418 8,208 19,775 21,389 21,340 -40.34%
Tax -3,235 -3,417 -3,140 -2,356 -4,984 -5,100 -4,524 -19.95%
NP 6,564 8,580 7,278 5,852 14,791 16,289 16,816 -46.43%
-
NP to SH 6,564 8,580 7,278 5,852 14,791 16,289 16,816 -46.43%
-
Tax Rate 33.01% 28.48% 30.14% 28.70% 25.20% 23.84% 21.20% -
Total Cost 179,918 178,077 174,752 169,220 161,021 159,380 155,074 10.36%
-
Net Worth 112,800 120,543 117,503 119,918 118,207 121,809 117,627 -2.74%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 12,960 5,757 8,632 - 9,600 4,800 7,201 47.69%
Div Payout % 197.44% 67.10% 118.62% - 64.91% 29.47% 42.83% -
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 112,800 120,543 117,503 119,918 118,207 121,809 117,627 -2.74%
NOSH 60,000 59,972 59,950 59,959 60,004 60,004 60,014 -0.01%
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 3.52% 4.60% 4.00% 3.34% 8.41% 9.27% 9.78% -
ROE 5.82% 7.12% 6.19% 4.88% 12.51% 13.37% 14.30% -
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 310.80 311.24 303.63 291.99 293.00 292.76 286.42 5.57%
EPS 10.94 14.31 12.14 9.76 24.65 27.15 28.02 -46.42%
DPS 21.60 9.60 14.40 0.00 16.00 8.00 12.00 47.70%
NAPS 1.88 2.01 1.96 2.00 1.97 2.03 1.96 -2.72%
Adjusted Per Share Value based on latest NOSH - 59,959
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 23.31 23.33 22.75 21.88 21.98 21.96 21.49 5.54%
EPS 0.82 1.07 0.91 0.73 1.85 2.04 2.10 -46.42%
DPS 1.62 0.72 1.08 0.00 1.20 0.60 0.90 47.70%
NAPS 0.141 0.1507 0.1469 0.1499 0.1478 0.1523 0.147 -2.72%
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 1.00 0.96 0.96 1.02 1.09 1.00 0.87 -
P/RPS 0.32 0.31 0.32 0.35 0.37 0.34 0.30 4.37%
P/EPS 9.14 6.71 7.91 10.45 4.42 3.68 3.10 104.94%
EY 10.94 14.90 12.65 9.57 22.61 27.15 32.21 -51.16%
DY 21.60 10.00 15.00 0.00 14.68 8.00 13.79 34.69%
P/NAPS 0.53 0.48 0.49 0.51 0.55 0.49 0.44 13.14%
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 22/02/05 24/11/04 19/08/04 20/05/04 01/03/04 20/11/03 27/08/03 -
Price 1.05 0.96 0.97 1.03 1.05 1.10 0.98 -
P/RPS 0.34 0.31 0.32 0.35 0.36 0.38 0.34 0.00%
P/EPS 9.60 6.71 7.99 10.55 4.26 4.05 3.50 95.34%
EY 10.42 14.90 12.52 9.48 23.48 24.68 28.59 -48.82%
DY 20.57 10.00 14.85 0.00 15.24 7.27 12.24 41.12%
P/NAPS 0.56 0.48 0.49 0.52 0.53 0.54 0.50 7.81%

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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