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

Announcement Date
19-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- 23.7%
YoY- 34.3%
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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 384,192 374,240 374,240 341,628 279,155 276,580 260,330 29.53%
PBT 36,181 35,729 35,729 34,180 29,259 27,518 27,164 20.99%
Tax -7,156 -6,521 -6,652 -6,208 -6,646 -4,828 -4,850 29.51%
NP 29,025 29,208 29,077 27,972 22,613 22,690 22,314 19.10%
-
NP to SH 29,025 29,208 29,077 27,972 22,613 22,690 22,314 19.10%
-
Tax Rate 19.78% 18.25% 18.62% 18.16% 22.71% 17.54% 17.85% -
Total Cost 355,167 345,032 345,162 313,656 256,542 253,889 238,016 30.48%
-
Net Worth 161,505 151,902 133,242 133,174 136,543 132,547 128,555 16.38%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div - 21,319 8,882 - 6,660 8,880 6,660 -
Div Payout % - 72.99% 30.55% - 29.46% 39.14% 29.85% -
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 161,505 151,902 133,242 133,174 136,543 132,547 128,555 16.38%
NOSH 159,906 159,897 66,621 66,587 66,606 66,606 66,608 79.00%
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 7.55% 7.80% 7.77% 8.19% 8.10% 8.20% 8.57% -
ROE 17.97% 19.23% 21.82% 21.00% 16.56% 17.12% 17.36% -
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 240.26 234.05 561.74 513.05 419.11 415.24 390.83 -27.63%
EPS 18.16 18.27 18.19 17.48 33.95 34.07 33.50 -33.44%
DPS 0.00 13.33 13.33 0.00 10.00 13.33 10.00 -
NAPS 1.01 0.95 2.00 2.00 2.05 1.99 1.93 -34.98%
Adjusted Per Share Value based on latest NOSH - 66,587
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 15.02 14.63 14.63 13.36 10.91 10.81 10.18 29.51%
EPS 1.13 1.14 1.14 1.09 0.88 0.89 0.87 18.98%
DPS 0.00 0.83 0.35 0.00 0.26 0.35 0.26 -
NAPS 0.0631 0.0594 0.0521 0.0521 0.0534 0.0518 0.0503 16.26%
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 1.95 1.71 2.18 2.10 1.72 1.74 1.85 -
P/RPS 0.81 0.73 0.39 0.41 0.41 0.42 0.47 43.60%
P/EPS 10.74 9.36 4.99 5.00 5.07 5.11 5.52 55.66%
EY 9.31 10.68 20.02 20.00 19.74 19.58 18.11 -35.74%
DY 0.00 7.80 6.12 0.00 5.81 7.66 5.41 -
P/NAPS 1.93 1.80 1.09 1.05 0.84 0.87 0.96 59.08%
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 24/02/06 17/11/05 19/08/05 19/05/05 24/02/05 09/11/04 20/08/04 -
Price 2.23 1.74 1.64 2.24 1.91 1.75 1.66 -
P/RPS 0.93 0.74 0.29 0.44 0.46 0.42 0.42 69.63%
P/EPS 12.29 9.53 3.76 5.33 5.63 5.14 4.96 82.80%
EY 8.14 10.50 26.61 18.75 17.77 19.47 20.18 -45.31%
DY 0.00 7.66 8.13 0.00 5.24 7.62 6.02 -
P/NAPS 2.21 1.83 0.82 1.12 0.93 0.88 0.86 87.29%

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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