[KOSSAN] QoQ Annualized Quarter Result on 31-Mar-2004 [#1]

Announcement Date
12-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 24.44%
YoY- 106.71%
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Annualized Quarter Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 279,155 276,580 260,330 235,532 179,640 177,236 166,262 41.04%
PBT 29,259 27,518 27,164 25,592 18,669 17,726 15,726 50.98%
Tax -6,646 -4,828 -4,850 -4,764 -1,931 -2,472 -2,534 89.62%
NP 22,613 22,690 22,314 20,828 16,738 15,254 13,192 42.99%
-
NP to SH 22,613 22,690 22,314 20,828 16,738 15,254 13,192 42.99%
-
Tax Rate 22.71% 17.54% 17.85% 18.62% 10.34% 13.95% 16.11% -
Total Cost 256,542 253,889 238,016 214,704 162,902 161,981 153,070 40.87%
-
Net Worth 136,543 132,547 128,555 125,181 113,424 106,219 96,269 26.10%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 6,660 8,880 6,660 - 1,890 2,559 - -
Div Payout % 29.46% 39.14% 29.85% - 11.29% 16.78% - -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 136,543 132,547 128,555 125,181 113,424 106,219 96,269 26.10%
NOSH 66,606 66,606 66,608 66,585 63,013 63,987 62,109 4.74%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 8.10% 8.20% 8.57% 8.84% 9.32% 8.61% 7.93% -
ROE 16.56% 17.12% 17.36% 16.64% 14.76% 14.36% 13.70% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 419.11 415.24 390.83 353.73 285.08 276.98 267.69 34.65%
EPS 33.95 34.07 33.50 31.28 26.96 23.84 21.24 36.51%
DPS 10.00 13.33 10.00 0.00 3.00 4.00 0.00 -
NAPS 2.05 1.99 1.93 1.88 1.80 1.66 1.55 20.38%
Adjusted Per Share Value based on latest NOSH - 66,585
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 10.91 10.81 10.18 9.21 7.02 6.93 6.50 41.01%
EPS 0.88 0.89 0.87 0.81 0.65 0.60 0.52 41.78%
DPS 0.26 0.35 0.26 0.00 0.07 0.10 0.00 -
NAPS 0.0534 0.0518 0.0503 0.0489 0.0443 0.0415 0.0376 26.21%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 1.72 1.74 1.85 2.04 1.10 1.07 0.71 -
P/RPS 0.41 0.42 0.47 0.58 0.39 0.39 0.27 31.94%
P/EPS 5.07 5.11 5.52 6.52 4.14 4.49 3.34 31.91%
EY 19.74 19.58 18.11 15.33 24.15 22.28 29.92 -24.11%
DY 5.81 7.66 5.41 0.00 2.73 3.74 0.00 -
P/NAPS 0.84 0.87 0.96 1.09 0.61 0.64 0.46 49.12%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 24/02/05 09/11/04 20/08/04 12/05/04 25/02/04 13/11/03 14/08/03 -
Price 1.91 1.75 1.66 1.89 1.85 1.17 1.00 -
P/RPS 0.46 0.42 0.42 0.53 0.65 0.42 0.37 15.54%
P/EPS 5.63 5.14 4.96 6.04 6.96 4.91 4.71 12.57%
EY 17.77 19.47 20.18 16.55 14.36 20.38 21.24 -11.16%
DY 5.24 7.62 6.02 0.00 1.62 3.42 0.00 -
P/NAPS 0.93 0.88 0.86 1.01 1.03 0.70 0.65 26.83%

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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