[SOP] QoQ Annualized Quarter Result on 31-Dec-2004 [#4]

Announcement Date
26-Apr-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 15.43%
YoY- -21.33%
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Annualized Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 175,422 161,934 156,572 167,954 152,473 147,916 134,092 19.59%
PBT 30,321 25,680 23,340 47,403 42,976 42,196 40,048 -16.91%
Tax -13,021 -10,210 -8,552 -13,541 -13,641 -12,816 -13,072 -0.26%
NP 17,300 15,470 14,788 33,862 29,334 29,380 26,976 -25.61%
-
NP to SH 17,300 15,470 14,788 33,862 29,334 29,380 26,976 -25.61%
-
Tax Rate 42.94% 39.76% 36.64% 28.57% 31.74% 30.37% 32.64% -
Total Cost 158,122 146,464 141,784 134,092 123,138 118,536 107,116 29.61%
-
Net Worth 189,967 233,760 229,993 225,999 214,597 211,756 203,269 -4.40%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 6,332 - - 4,747 6,330 - - -
Div Payout % 36.60% - - 14.02% 21.58% - - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 189,967 233,760 229,993 225,999 214,597 211,756 203,269 -4.40%
NOSH 94,983 95,024 95,038 94,957 94,954 94,957 94,985 -0.00%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 9.86% 9.55% 9.44% 20.16% 19.24% 19.86% 20.12% -
ROE 9.11% 6.62% 6.43% 14.98% 13.67% 13.87% 13.27% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 184.69 170.41 164.75 176.87 160.57 155.77 141.17 19.59%
EPS 18.21 16.28 15.56 35.66 30.89 30.94 28.40 -25.62%
DPS 6.67 0.00 0.00 5.00 6.67 0.00 0.00 -
NAPS 2.00 2.46 2.42 2.38 2.26 2.23 2.14 -4.40%
Adjusted Per Share Value based on latest NOSH - 94,963
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 19.67 18.16 17.56 18.83 17.10 16.59 15.04 19.57%
EPS 1.94 1.73 1.66 3.80 3.29 3.29 3.02 -25.53%
DPS 0.71 0.00 0.00 0.53 0.71 0.00 0.00 -
NAPS 0.213 0.2621 0.2579 0.2534 0.2406 0.2374 0.2279 -4.40%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 2.19 2.06 2.06 2.23 2.22 2.31 2.79 -
P/RPS 1.19 1.21 1.25 1.26 1.38 1.48 1.98 -28.76%
P/EPS 12.02 12.65 13.24 6.25 7.19 7.47 9.82 14.41%
EY 8.32 7.90 7.55 15.99 13.92 13.39 10.18 -12.57%
DY 3.04 0.00 0.00 2.24 3.00 0.00 0.00 -
P/NAPS 1.10 0.84 0.85 0.94 0.98 1.04 1.30 -10.53%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 14/12/05 26/08/05 28/04/05 26/04/05 24/12/04 26/07/04 24/05/04 -
Price 1.52 2.03 2.03 2.04 2.20 2.30 2.31 -
P/RPS 0.82 1.19 1.23 1.15 1.37 1.48 1.64 -36.97%
P/EPS 8.35 12.47 13.05 5.72 7.12 7.43 8.13 1.79%
EY 11.98 8.02 7.67 17.48 14.04 13.45 12.29 -1.68%
DY 4.39 0.00 0.00 2.45 3.03 0.00 0.00 -
P/NAPS 0.76 0.83 0.84 0.86 0.97 1.03 1.08 -20.86%

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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