[PHARMA] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
18-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -15.81%
YoY- -13.61%
Quarter Report
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 936,431 922,962 941,312 911,488 799,991 798,952 739,898 16.95%
PBT 42,072 55,220 65,122 72,996 81,778 79,352 73,866 -31.21%
Tax -12,938 -17,949 -22,940 -30,200 -30,943 -29,396 -27,334 -39.18%
NP 29,134 37,270 42,182 42,796 50,835 49,956 46,532 -26.75%
-
NP to SH 26,902 34,520 38,820 42,796 50,835 49,956 46,532 -30.53%
-
Tax Rate 30.75% 32.50% 35.23% 41.37% 37.84% 37.05% 37.00% -
Total Cost 907,297 885,692 899,130 868,692 749,156 748,996 693,366 19.57%
-
Net Worth 304,433 272,364 256,416 257,266 263,393 255,778 240,230 17.05%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 14,496 19,185 21,453 - 15,195 - 9,084 36.44%
Div Payout % 53.89% 55.58% 55.26% - 29.89% - 19.52% -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 304,433 272,364 256,416 257,266 263,393 255,778 240,230 17.05%
NOSH 103,548 102,778 102,157 102,089 101,305 101,098 100,937 1.71%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 3.11% 4.04% 4.48% 4.70% 6.35% 6.25% 6.29% -
ROE 8.84% 12.67% 15.14% 16.63% 19.30% 19.53% 19.37% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 904.34 898.01 921.43 892.83 789.68 790.27 733.03 14.98%
EPS 25.98 33.59 38.00 41.92 50.18 49.41 46.10 -31.70%
DPS 14.00 18.67 21.00 0.00 15.00 0.00 9.00 34.14%
NAPS 2.94 2.65 2.51 2.52 2.60 2.53 2.38 15.08%
Adjusted Per Share Value based on latest NOSH - 102,089
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 64.97 64.04 65.31 63.24 55.51 55.43 51.34 16.94%
EPS 1.87 2.40 2.69 2.97 3.53 3.47 3.23 -30.46%
DPS 1.01 1.33 1.49 0.00 1.05 0.00 0.63 36.86%
NAPS 0.2112 0.189 0.1779 0.1785 0.1828 0.1775 0.1667 17.03%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 4.64 4.95 4.53 4.82 5.27 4.77 4.82 -
P/RPS 0.51 0.55 0.49 0.54 0.67 0.60 0.66 -15.75%
P/EPS 17.86 14.74 11.92 11.50 10.50 9.65 10.46 42.71%
EY 5.60 6.79 8.39 8.70 9.52 10.36 9.56 -29.92%
DY 3.02 3.77 4.64 0.00 2.85 0.00 1.87 37.53%
P/NAPS 1.58 1.87 1.80 1.91 2.03 1.89 2.03 -15.34%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 07/03/06 22/11/05 18/08/05 18/05/05 23/02/05 26/11/04 06/08/04 -
Price 4.73 4.82 5.00 4.86 4.95 4.77 4.64 -
P/RPS 0.52 0.54 0.54 0.54 0.63 0.60 0.63 -11.97%
P/EPS 18.21 14.35 13.16 11.59 9.86 9.65 10.07 48.26%
EY 5.49 6.97 7.60 8.63 10.14 10.36 9.94 -32.61%
DY 2.96 3.87 4.20 0.00 3.03 0.00 1.94 32.43%
P/NAPS 1.61 1.82 1.99 1.93 1.90 1.89 1.95 -11.96%

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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