[MAMEE] QoQ Annualized Quarter Result on 31-Dec-2003 [#4]

Announcement Date
27-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- -6.22%
YoY- 66.01%
Quarter Report
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Annualized Quarter Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 266,401 263,602 251,800 256,767 253,549 242,116 236,324 8.29%
PBT 21,566 23,056 30,256 15,069 13,745 10,370 6,668 118.23%
Tax -8,437 -7,336 -9,052 -3,764 -1,690 -2,794 -288 844.47%
NP 13,129 15,720 21,204 11,305 12,054 7,576 6,380 61.57%
-
NP to SH 13,129 15,720 21,204 11,305 12,054 7,576 6,380 61.57%
-
Tax Rate 39.12% 31.82% 29.92% 24.98% 12.30% 26.94% 4.32% -
Total Cost 253,272 247,882 230,596 245,462 241,494 234,540 229,944 6.63%
-
Net Worth 120,286 120,555 117,866 114,667 114,097 109,458 107,969 7.44%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 3,144 - - 1,859 2,480 - - -
Div Payout % 23.95% - - 16.45% 20.58% - - -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 120,286 120,555 117,866 114,667 114,097 109,458 107,969 7.44%
NOSH 58,964 59,681 59,830 61,982 62,009 61,493 61,346 -2.59%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 4.93% 5.96% 8.42% 4.40% 4.75% 3.13% 2.70% -
ROE 10.92% 13.04% 17.99% 9.86% 10.57% 6.92% 5.91% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 451.80 441.68 420.85 414.26 408.89 393.73 385.23 11.17%
EPS 22.27 26.34 35.44 18.26 19.44 12.32 10.40 65.90%
DPS 5.33 0.00 0.00 3.00 4.00 0.00 0.00 -
NAPS 2.04 2.02 1.97 1.85 1.84 1.78 1.76 10.31%
Adjusted Per Share Value based on latest NOSH - 62,047
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 183.08 181.15 173.04 176.45 174.24 166.39 162.41 8.29%
EPS 9.02 10.80 14.57 7.77 8.28 5.21 4.38 61.65%
DPS 2.16 0.00 0.00 1.28 1.70 0.00 0.00 -
NAPS 0.8266 0.8285 0.81 0.788 0.7841 0.7522 0.742 7.44%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 1.80 1.66 1.81 1.48 1.40 1.31 1.22 -
P/RPS 0.40 0.38 0.43 0.36 0.34 0.33 0.32 15.99%
P/EPS 8.08 6.30 5.11 8.11 7.20 10.63 11.73 -21.95%
EY 12.37 15.87 19.58 12.32 13.89 9.40 8.52 28.13%
DY 2.96 0.00 0.00 2.03 2.86 0.00 0.00 -
P/NAPS 0.88 0.82 0.92 0.80 0.76 0.74 0.69 17.55%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 22/11/04 30/08/04 28/05/04 27/02/04 21/11/03 22/08/03 27/05/03 -
Price 1.72 1.61 1.68 1.86 1.41 1.42 1.19 -
P/RPS 0.38 0.36 0.40 0.45 0.34 0.36 0.31 14.49%
P/EPS 7.72 6.11 4.74 10.20 7.25 11.53 11.44 -23.00%
EY 12.95 16.36 21.10 9.81 13.79 8.68 8.74 29.87%
DY 3.10 0.00 0.00 1.61 2.84 0.00 0.00 -
P/NAPS 0.84 0.80 0.85 1.01 0.77 0.80 0.68 15.08%

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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