[ASIAFLE] QoQ Annualized Quarter Result on 31-Dec-2003 [#3]

Announcement Date
26-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2004
Quarter
31-Dec-2003 [#3]
Profit Trend
QoQ- 2.65%
YoY- 32.94%
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 118,032 117,776 107,408 99,537 94,298 91,344 90,836 19.02%
PBT 37,852 37,352 35,347 34,508 33,350 33,836 27,923 22.41%
Tax -6,380 -6,920 -7,282 -7,060 -6,610 -8,096 -6,741 -3.59%
NP 31,472 30,432 28,065 27,448 26,740 25,740 21,182 30.11%
-
NP to SH 31,472 30,432 28,065 27,448 26,740 25,740 21,182 30.11%
-
Tax Rate 16.86% 18.53% 20.60% 20.46% 19.82% 23.93% 24.14% -
Total Cost 86,560 87,344 79,343 72,089 67,558 65,604 69,654 15.54%
-
Net Worth 142,702 144,774 134,916 126,979 123,956 124,529 116,808 14.23%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - - 17,097 9,073 - - 12,050 -
Div Payout % - - 60.92% 33.06% - - 56.89% -
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 142,702 144,774 134,916 126,979 123,956 124,529 116,808 14.23%
NOSH 69,566 69,479 68,388 68,052 67,661 67,594 66,946 2.58%
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 26.66% 25.84% 26.13% 27.58% 28.36% 28.18% 23.32% -
ROE 22.05% 21.02% 20.80% 21.62% 21.57% 20.67% 18.13% -
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 169.67 169.51 157.06 146.26 139.37 135.14 135.68 16.02%
EPS 45.24 43.80 41.04 40.33 39.52 38.08 31.64 26.83%
DPS 0.00 0.00 25.00 13.33 0.00 0.00 18.00 -
NAPS 2.0513 2.0837 1.9728 1.8659 1.832 1.8423 1.7448 11.35%
Adjusted Per Share Value based on latest NOSH - 68,854
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 60.35 60.22 54.92 50.89 48.21 46.70 46.44 19.02%
EPS 16.09 15.56 14.35 14.03 13.67 13.16 10.83 30.10%
DPS 0.00 0.00 8.74 4.64 0.00 0.00 6.16 -
NAPS 0.7296 0.7402 0.6898 0.6492 0.6338 0.6367 0.5972 14.24%
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 - - - - - - - -
Price 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/RPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
EY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
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 29/11/04 02/09/04 31/05/04 26/02/04 27/11/03 30/08/03 30/05/03 -
Price 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/RPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
EY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

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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