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

Announcement Date
31-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- -70.06%
YoY- -64.81%
Quarter Report
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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 98,460 95,501 87,356 85,380 81,428 80,157 80,168 14.61%
PBT 5,039 4,320 3,384 1,360 4,367 4,562 5,218 -2.28%
Tax -992 -357 -220 -144 -305 -556 -610 38.08%
NP 4,047 3,962 3,164 1,216 4,062 4,006 4,608 -8.25%
-
NP to SH 4,047 3,962 3,164 1,216 4,062 4,006 4,608 -8.25%
-
Tax Rate 19.69% 8.26% 6.50% 10.59% 6.98% 12.19% 11.69% -
Total Cost 94,413 91,538 84,192 84,164 77,366 76,150 75,560 15.93%
-
Net Worth 88,282 86,886 85,590 84,309 73,586 76,178 75,503 10.93%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 4,027 - - - - - - -
Div Payout % 99.52% - - - - - - -
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 88,282 86,886 85,590 84,309 73,586 76,178 75,503 10.93%
NOSH 40,683 40,601 40,564 40,533 35,377 32,416 32,405 16.29%
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 4.11% 4.15% 3.62% 1.42% 4.99% 5.00% 5.75% -
ROE 4.58% 4.56% 3.70% 1.44% 5.52% 5.26% 6.10% -
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 242.02 235.22 215.35 210.64 230.17 247.27 247.39 -1.44%
EPS 9.96 9.76 7.80 3.00 11.48 12.36 14.22 -21.04%
DPS 9.90 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 2.17 2.14 2.11 2.08 2.08 2.35 2.33 -4.61%
Adjusted Per Share Value based on latest NOSH - 40,533
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 14.97 14.52 13.28 12.98 12.38 12.19 12.19 14.60%
EPS 0.62 0.60 0.48 0.18 0.62 0.61 0.70 -7.73%
DPS 0.61 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.1342 0.1321 0.1301 0.1282 0.1119 0.1158 0.1148 10.91%
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 1.34 1.39 1.36 1.78 1.38 1.38 1.60 -
P/RPS 0.55 0.59 0.63 0.85 0.60 0.56 0.65 -10.49%
P/EPS 13.47 14.24 17.44 59.33 12.02 11.17 11.25 12.69%
EY 7.42 7.02 5.74 1.69 8.32 8.96 8.89 -11.30%
DY 7.39 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.62 0.65 0.64 0.86 0.66 0.59 0.69 -6.85%
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 28/02/05 30/11/04 30/08/04 31/05/04 27/02/04 28/11/03 29/08/03 -
Price 1.34 1.39 1.30 1.43 1.48 1.36 1.72 -
P/RPS 0.55 0.59 0.60 0.68 0.64 0.55 0.70 -14.78%
P/EPS 13.47 14.24 16.67 47.67 12.89 11.00 12.10 7.37%
EY 7.42 7.02 6.00 2.10 7.76 9.09 8.27 -6.94%
DY 7.39 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.62 0.65 0.62 0.69 0.71 0.58 0.74 -11.07%

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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