[KESM] QoQ Annualized Quarter Result on 30-Apr-2004 [#3]

Announcement Date
21-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2004
Quarter
30-Apr-2004 [#3]
Profit Trend
QoQ- 18.8%
YoY- 15.95%
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Annualized Quarter Result
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
Revenue 181,934 190,536 151,941 140,028 131,416 129,260 104,720 44.27%
PBT 22,148 23,600 18,739 17,010 14,390 14,424 13,767 37.10%
Tax -7,104 -7,936 -5,813 -5,525 -4,722 -4,832 -3,661 55.26%
NP 15,044 15,664 12,926 11,485 9,668 9,592 10,106 30.21%
-
NP to SH 15,044 15,664 12,926 11,485 9,668 9,592 10,106 30.21%
-
Tax Rate 32.08% 33.63% 31.02% 32.48% 32.81% 33.50% 26.59% -
Total Cost 166,890 174,872 139,015 128,542 121,748 119,668 94,614 45.73%
-
Net Worth 113,684 110,243 107,716 98,568 94,541 92,922 89,269 17.40%
Dividend
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
Div 1,495 - 754 - - - 736 60.04%
Div Payout % 9.94% - 5.83% - - - 7.29% -
Equity
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
Net Worth 113,684 110,243 107,716 98,568 94,541 92,922 89,269 17.40%
NOSH 42,738 42,565 43,086 42,855 42,778 42,821 42,108 0.99%
Ratio Analysis
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
NP Margin 8.27% 8.22% 8.51% 8.20% 7.36% 7.42% 9.65% -
ROE 13.23% 14.21% 12.00% 11.65% 10.23% 10.32% 11.32% -
Per Share
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
RPS 425.69 447.63 352.64 326.74 307.20 301.86 248.69 42.86%
EPS 35.20 36.80 30.00 26.80 22.60 22.40 24.00 28.93%
DPS 3.50 0.00 1.75 0.00 0.00 0.00 1.75 58.40%
NAPS 2.66 2.59 2.50 2.30 2.21 2.17 2.12 16.25%
Adjusted Per Share Value based on latest NOSH - 42,954
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
RPS 422.96 442.96 353.23 325.54 305.52 300.50 243.45 44.27%
EPS 34.97 36.42 30.05 26.70 22.48 22.30 23.49 30.22%
DPS 3.48 0.00 1.75 0.00 0.00 0.00 1.71 60.24%
NAPS 2.6429 2.5629 2.5042 2.2915 2.1979 2.1603 2.0753 17.40%
Price Multiplier on Financial Quarter End Date
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
Date 31/01/05 29/10/04 30/07/04 30/04/04 30/01/04 31/10/03 31/07/03 -
Price 2.58 2.65 2.50 3.00 3.40 3.34 3.30 -
P/RPS 0.61 0.59 0.71 0.92 1.11 1.11 1.33 -40.38%
P/EPS 7.33 7.20 8.33 11.19 15.04 14.91 13.75 -34.12%
EY 13.64 13.89 12.00 8.93 6.65 6.71 7.27 51.83%
DY 1.36 0.00 0.70 0.00 0.00 0.00 0.53 86.89%
P/NAPS 0.97 1.02 1.00 1.30 1.54 1.54 1.56 -27.04%
Price Multiplier on Announcement Date
31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 31/07/03 CAGR
Date 10/03/05 19/11/04 20/09/04 21/05/04 22/03/04 21/11/03 23/09/03 -
Price 2.48 2.55 2.70 2.95 3.32 3.20 3.12 -
P/RPS 0.58 0.57 0.77 0.90 1.08 1.06 1.25 -39.92%
P/EPS 7.05 6.93 9.00 11.01 14.69 14.29 13.00 -33.37%
EY 14.19 14.43 11.11 9.08 6.81 7.00 7.69 50.16%
DY 1.41 0.00 0.65 0.00 0.00 0.00 0.56 84.56%
P/NAPS 0.93 0.98 1.08 1.28 1.50 1.47 1.47 -26.20%

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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