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

Announcement Date
12-Mar-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2004
Quarter
31-Dec-2003 [#3]
Profit Trend
QoQ- -17.76%
YoY- 252.92%
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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 563,886 710,560 577,601 577,169 558,988 538,116 655,433 -9.51%
PBT 73,820 138,204 218,292 281,669 323,596 263,644 105,633 -21.19%
Tax -46,104 -55,680 -58,457 -57,536 -51,058 -41,040 -37,162 15.41%
NP 27,716 82,524 159,835 224,133 272,538 222,604 68,471 -45.18%
-
NP to SH 27,716 82,524 159,835 224,133 272,538 222,604 68,471 -45.18%
-
Tax Rate 62.45% 40.29% 26.78% 20.43% 15.78% 15.57% 35.18% -
Total Cost 536,170 628,036 417,766 353,036 286,450 315,512 586,962 -5.83%
-
Net Worth 524,414 540,255 516,478 616,130 595,093 505,435 443,145 11.84%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - - 10,953 - - - 10,797 -
Div Payout % - - 6.85% - - - 15.77% -
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 524,414 540,255 516,478 616,130 595,093 505,435 443,145 11.84%
NOSH 277,160 276,926 273,848 272,624 135,402 135,009 134,969 61.34%
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 4.92% 11.61% 27.67% 38.83% 48.76% 41.37% 10.45% -
ROE 5.29% 15.28% 30.95% 36.38% 45.80% 44.04% 15.45% -
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 203.45 256.59 210.92 211.71 412.83 398.58 485.62 -43.92%
EPS 10.00 29.80 58.40 82.21 201.28 164.88 50.73 -66.02%
DPS 0.00 0.00 4.00 0.00 0.00 0.00 8.00 -
NAPS 1.8921 1.9509 1.886 2.26 4.395 3.7437 3.2833 -30.68%
Adjusted Per Share Value based on latest NOSH - 272,534
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 224.51 282.91 229.97 229.80 222.56 214.25 260.96 -9.51%
EPS 11.03 32.86 63.64 89.24 108.51 88.63 27.26 -45.20%
DPS 0.00 0.00 4.36 0.00 0.00 0.00 4.30 -
NAPS 2.0879 2.151 2.0563 2.4531 2.3693 2.0124 1.7644 11.84%
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 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 2.54 3.06 3.64 3.18 5.45 4.38 4.30 -
P/RPS 1.25 1.19 1.73 1.50 1.32 1.10 0.89 25.33%
P/EPS 25.40 10.27 6.24 3.87 2.71 2.66 8.48 107.37%
EY 3.94 9.74 16.03 25.85 36.93 37.64 11.80 -51.77%
DY 0.00 0.00 1.10 0.00 0.00 0.00 1.86 -
P/NAPS 1.34 1.57 1.93 1.41 1.24 1.17 1.31 1.51%
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 30/08/04 28/05/04 12/03/04 19/11/03 09/10/03 29/05/03 -
Price 2.60 2.57 3.30 3.32 3.06 6.15 4.02 -
P/RPS 1.28 1.00 1.56 1.57 0.74 1.54 0.83 33.37%
P/EPS 26.00 8.62 5.65 4.04 1.52 3.73 7.92 120.40%
EY 3.85 11.60 17.69 24.76 65.78 26.81 12.62 -54.58%
DY 0.00 0.00 1.21 0.00 0.00 0.00 1.99 -
P/NAPS 1.37 1.32 1.75 1.47 0.70 1.64 1.22 8.01%

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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