[PHARMA] QoQ Annualized Quarter Result on 31-Mar-2003 [#1]

Announcement Date
20-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 24.75%
YoY- 58.62%
Quarter Report
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Annualized Quarter Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 632,604 621,316 619,574 618,100 585,237 607,266 596,192 4.02%
PBT 66,841 64,236 62,520 71,652 61,170 66,510 60,716 6.59%
Tax -26,085 -22,554 -22,450 -25,068 -23,829 -25,761 -23,738 6.46%
NP 40,756 41,681 40,070 46,584 37,341 40,749 36,978 6.68%
-
NP to SH 40,756 41,681 40,070 46,584 37,341 40,749 36,978 6.68%
-
Tax Rate 39.03% 35.11% 35.91% 34.99% 38.96% 38.73% 39.10% -
Total Cost 591,848 579,634 579,504 571,516 547,896 566,517 559,214 3.84%
-
Net Worth 222,305 211,412 195,341 192,761 180,197 172,567 159,405 24.74%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 12,016 8,015 - - 8,509 1,667 - -
Div Payout % 29.48% 19.23% - - 22.79% 4.09% - -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 222,305 211,412 195,341 192,761 180,197 172,567 159,405 24.74%
NOSH 100,137 100,195 100,175 100,396 100,109 50,019 49,970 58.74%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 6.44% 6.71% 6.47% 7.54% 6.38% 6.71% 6.20% -
ROE 18.33% 19.72% 20.51% 24.17% 20.72% 23.61% 23.20% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 631.73 620.10 618.49 615.66 584.59 1,214.06 1,193.09 -34.47%
EPS 40.70 41.60 40.00 46.40 37.30 81.47 74.00 -32.79%
DPS 12.00 8.00 0.00 0.00 8.50 3.33 0.00 -
NAPS 2.22 2.11 1.95 1.92 1.80 3.45 3.19 -21.41%
Adjusted Per Share Value based on latest NOSH - 100,396
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 43.89 43.11 42.99 42.89 40.61 42.14 41.37 4.00%
EPS 2.83 2.89 2.78 3.23 2.59 2.83 2.57 6.61%
DPS 0.83 0.56 0.00 0.00 0.59 0.12 0.00 -
NAPS 0.1542 0.1467 0.1355 0.1337 0.125 0.1197 0.1106 24.72%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 4.82 4.55 4.07 3.64 3.80 7.68 7.32 -
P/RPS 0.76 0.73 0.66 0.59 0.65 0.63 0.61 15.73%
P/EPS 11.84 10.94 10.18 7.84 10.19 9.43 9.89 12.70%
EY 8.44 9.14 9.83 12.75 9.82 10.61 10.11 -11.31%
DY 2.49 1.76 0.00 0.00 2.24 0.43 0.00 -
P/NAPS 2.17 2.16 2.09 1.90 2.11 2.23 2.29 -3.51%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 19/02/04 14/11/03 19/08/03 20/05/03 10/04/03 22/11/02 26/08/02 -
Price 5.23 5.00 4.73 3.69 3.62 7.36 7.86 -
P/RPS 0.83 0.81 0.76 0.60 0.62 0.61 0.66 16.45%
P/EPS 12.85 12.02 11.83 7.95 9.71 9.03 10.62 13.51%
EY 7.78 8.32 8.46 12.57 10.30 11.07 9.41 -11.87%
DY 2.29 1.60 0.00 0.00 2.35 0.45 0.00 -
P/NAPS 2.36 2.37 2.43 1.92 2.01 2.13 2.46 -2.72%

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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