[REX] QoQ Annualized Quarter Result on 31-Mar-2003 [#1]

Announcement Date
30-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- -22.11%
YoY- -14.03%
Quarter Report
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Annualized Quarter Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 81,428 80,157 80,168 87,580 98,128 93,449 90,062 -6.48%
PBT 4,367 4,562 5,218 4,144 5,352 5,400 6,240 -21.12%
Tax -305 -556 -610 -688 -915 -884 -1,036 -55.64%
NP 4,062 4,006 4,608 3,456 4,437 4,516 5,204 -15.18%
-
NP to SH 4,062 4,006 4,608 3,456 4,437 4,516 5,204 -15.18%
-
Tax Rate 6.98% 12.19% 11.69% 16.60% 17.10% 16.37% 16.60% -
Total Cost 77,366 76,150 75,560 84,124 93,691 88,933 84,858 -5.96%
-
Net Worth 73,586 76,178 75,503 73,779 69,822 69,841 70,148 3.23%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 73,586 76,178 75,503 73,779 69,822 69,841 70,148 3.23%
NOSH 35,377 32,416 32,405 32,359 31,032 30,903 30,902 9.40%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 4.99% 5.00% 5.75% 3.95% 4.52% 4.83% 5.78% -
ROE 5.52% 5.26% 6.10% 4.68% 6.35% 6.47% 7.42% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 230.17 247.27 247.39 270.65 316.21 302.39 291.44 -14.52%
EPS 11.48 12.36 14.22 10.68 14.30 14.61 16.84 -22.48%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 2.08 2.35 2.33 2.28 2.25 2.26 2.27 -5.64%
Adjusted Per Share Value based on latest NOSH - 32,359
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 12.38 12.19 12.19 13.32 14.92 14.21 13.69 -6.46%
EPS 0.62 0.61 0.70 0.53 0.67 0.69 0.79 -14.87%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.1119 0.1158 0.1148 0.1122 0.1062 0.1062 0.1067 3.21%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 1.38 1.38 1.60 1.32 1.57 1.62 2.30 -
P/RPS 0.60 0.56 0.65 0.49 0.50 0.54 0.79 -16.71%
P/EPS 12.02 11.17 11.25 12.36 10.98 11.09 13.66 -8.15%
EY 8.32 8.96 8.89 8.09 9.11 9.02 7.32 8.88%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.66 0.59 0.69 0.58 0.70 0.72 1.01 -24.63%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 27/02/04 28/11/03 29/08/03 30/05/03 28/02/03 28/11/02 29/08/02 -
Price 1.48 1.36 1.72 1.54 1.44 1.69 2.02 -
P/RPS 0.64 0.55 0.70 0.57 0.46 0.56 0.69 -4.87%
P/EPS 12.89 11.00 12.10 14.42 10.07 11.56 12.00 4.87%
EY 7.76 9.09 8.27 6.94 9.93 8.65 8.34 -4.67%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.71 0.58 0.74 0.68 0.64 0.75 0.89 -13.94%

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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