[FAREAST] QoQ Annualized Quarter Result on 31-Mar-2004 [#1]

Announcement Date
24-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 22.49%
YoY- 116.02%
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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 80,412 79,642 75,360 69,788 70,994 65,536 57,334 25.16%
PBT 63,087 65,217 62,816 47,372 49,244 32,950 25,944 80.34%
Tax -22,415 -21,988 -21,282 -9,084 -17,985 -10,330 -9,684 74.53%
NP 40,672 43,229 41,534 38,288 31,259 22,620 16,260 83.75%
-
NP to SH 40,672 43,229 41,534 38,288 31,259 22,620 16,260 83.75%
-
Tax Rate 35.53% 33.72% 33.88% 19.18% 36.52% 31.35% 37.33% -
Total Cost 39,740 36,413 33,826 31,500 39,735 42,916 41,074 -2.16%
-
Net Worth 369,980 361,674 357,143 349,709 336,349 319,868 317,529 10.67%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 4,842 6,435 - - 10,808 - - -
Div Payout % 11.91% 14.89% - - 34.58% - - -
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 369,980 361,674 357,143 349,709 336,349 319,868 317,529 10.67%
NOSH 64,568 64,354 64,234 64,284 63,582 63,090 62,877 1.77%
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 50.58% 54.28% 55.11% 54.86% 44.03% 34.52% 28.36% -
ROE 10.99% 11.95% 11.63% 10.95% 9.29% 7.07% 5.12% -
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 124.54 123.76 117.32 108.56 111.66 103.88 91.18 22.98%
EPS 62.99 67.17 64.66 59.56 49.16 35.85 25.86 80.54%
DPS 7.50 10.00 0.00 0.00 17.00 0.00 0.00 -
NAPS 5.73 5.62 5.56 5.44 5.29 5.07 5.05 8.74%
Adjusted Per Share Value based on latest NOSH - 64,284
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 13.54 13.41 12.69 11.75 11.96 11.04 9.65 25.20%
EPS 6.85 7.28 6.99 6.45 5.26 3.81 2.74 83.69%
DPS 0.82 1.08 0.00 0.00 1.82 0.00 0.00 -
NAPS 0.623 0.609 0.6014 0.5889 0.5664 0.5386 0.5347 10.67%
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 1.95 1.82 1.77 1.78 1.60 1.48 1.55 -
P/RPS 1.57 1.47 1.51 1.64 1.43 1.42 1.70 -5.14%
P/EPS 3.10 2.71 2.74 2.99 3.25 4.13 5.99 -35.41%
EY 32.30 36.91 36.53 33.46 30.73 24.23 16.68 55.04%
DY 3.85 5.49 0.00 0.00 10.63 0.00 0.00 -
P/NAPS 0.34 0.32 0.32 0.33 0.30 0.29 0.31 6.32%
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 09/11/04 13/08/04 24/05/04 27/02/04 17/11/03 22/08/03 -
Price 1.99 1.87 1.75 1.80 1.80 1.57 1.52 -
P/RPS 1.60 1.51 1.49 1.66 1.61 1.51 1.67 -2.80%
P/EPS 3.16 2.78 2.71 3.02 3.66 4.38 5.88 -33.77%
EY 31.65 35.92 36.95 33.09 27.31 22.84 17.01 50.99%
DY 3.77 5.35 0.00 0.00 9.44 0.00 0.00 -
P/NAPS 0.35 0.33 0.31 0.33 0.34 0.31 0.30 10.77%

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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