[MBMR] QoQ Annualized Quarter Result on 30-Sep-2003 [#3]

Announcement Date
21-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- 0.8%
YoY- -21.92%
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Annualized Quarter Result
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Revenue 792,660 705,260 768,527 816,880 784,148 720,220 697,848 8.87%
PBT 50,246 48,684 113,201 119,246 121,726 111,864 155,246 -52.89%
Tax -20,510 -17,744 -38,295 -42,605 -45,694 -42,320 -65,138 -53.74%
NP 29,736 30,940 74,906 76,641 76,032 69,544 90,108 -52.27%
-
NP to SH 29,736 30,940 74,906 76,641 76,032 69,544 90,108 -52.27%
-
Tax Rate 40.82% 36.45% 33.83% 35.73% 37.54% 37.83% 41.96% -
Total Cost 762,924 674,320 693,621 740,238 708,116 650,676 607,740 16.38%
-
Net Worth 535,529 522,635 532,249 512,643 507,343 507,671 490,897 5.97%
Dividend
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Div 42,278 - 41,836 27,835 41,699 - 41,680 0.95%
Div Payout % 142.18% - 55.85% 36.32% 54.84% - 46.26% -
Equity
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Net Worth 535,529 522,635 532,249 512,643 507,343 507,671 490,897 5.97%
NOSH 234,881 232,282 232,423 231,965 231,663 231,813 231,555 0.95%
Ratio Analysis
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
NP Margin 3.75% 4.39% 9.75% 9.38% 9.70% 9.66% 12.91% -
ROE 5.55% 5.92% 14.07% 14.95% 14.99% 13.70% 18.36% -
Per Share
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 337.47 303.62 330.66 352.16 338.49 310.69 301.37 7.84%
EPS 12.66 13.32 32.22 33.04 32.82 30.00 38.90 -52.71%
DPS 18.00 0.00 18.00 12.00 18.00 0.00 18.00 0.00%
NAPS 2.28 2.25 2.29 2.21 2.19 2.19 2.12 4.97%
Adjusted Per Share Value based on latest NOSH - 232,002
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 202.78 180.43 196.61 208.98 200.61 184.25 178.53 8.87%
EPS 7.61 7.92 19.16 19.61 19.45 17.79 23.05 -52.26%
DPS 10.82 0.00 10.70 7.12 10.67 0.00 10.66 0.99%
NAPS 1.37 1.337 1.3616 1.3115 1.2979 1.2988 1.2559 5.97%
Price Multiplier on Financial Quarter End Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 -
Price 1.89 2.15 2.46 2.48 2.34 2.07 2.22 -
P/RPS 0.56 0.71 0.74 0.70 0.69 0.67 0.74 -16.97%
P/EPS 14.93 16.14 7.63 7.51 7.13 6.90 5.70 90.12%
EY 6.70 6.20 13.10 13.32 14.03 14.49 17.53 -47.36%
DY 9.52 0.00 7.32 4.84 7.69 0.00 8.11 11.28%
P/NAPS 0.83 0.96 1.07 1.12 1.07 0.95 1.05 -14.52%
Price Multiplier on Announcement Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 27/08/04 04/06/04 26/02/04 21/11/03 25/08/03 21/05/03 28/02/03 -
Price 1.81 1.84 2.34 2.46 2.54 2.23 2.04 -
P/RPS 0.54 0.61 0.71 0.70 0.75 0.72 0.68 -14.25%
P/EPS 14.30 13.81 7.26 7.45 7.74 7.43 5.24 95.40%
EY 6.99 7.24 13.77 13.43 12.92 13.45 19.08 -48.83%
DY 9.94 0.00 7.69 4.88 7.09 0.00 8.82 8.30%
P/NAPS 0.79 0.82 1.02 1.11 1.16 1.02 0.96 -12.19%

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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