[TM] QoQ Quarter Result on 30-Jun-2004 [#2]

Announcement Date
24-Aug-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Jun-2004 [#2]
Profit Trend
QoQ- 87.75%
YoY- 242.67%
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Quarter Result
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Revenue 3,414,887 3,465,105 3,285,164 3,243,587 3,257,044 3,200,009 3,307,412 2.15%
PBT 532,928 943,773 521,570 1,001,425 706,071 511,299 455,557 11.01%
Tax -158,453 -119,573 -191,592 -49,274 -198,940 -11,539 -122,364 18.78%
NP 374,475 824,200 329,978 952,151 507,131 499,760 333,193 8.09%
-
NP to SH 374,475 824,200 329,978 952,151 507,131 499,760 333,193 8.09%
-
Tax Rate 29.73% 12.67% 36.73% 4.92% 28.18% 2.26% 26.86% -
Total Cost 3,040,412 2,640,905 2,955,186 2,291,436 2,749,913 2,700,249 2,974,219 1.47%
-
Net Worth 14,804,919 15,359,846 14,483,340 14,347,411 13,660,595 12,606,204 11,953,299 15.31%
Dividend
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Div - 675,573 - 334,088 - 644,851 - -
Div Payout % - 81.97% - 35.09% - 129.03% - -
Equity
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Net Worth 14,804,919 15,359,846 14,483,340 14,347,411 13,660,595 12,606,204 11,953,299 15.31%
NOSH 3,373,648 3,377,868 3,367,122 3,340,880 3,293,058 3,224,258 3,203,778 3.50%
Ratio Analysis
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
NP Margin 10.97% 23.79% 10.04% 29.35% 15.57% 15.62% 10.07% -
ROE 2.53% 5.37% 2.28% 6.64% 3.71% 3.96% 2.79% -
Per Share
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 101.22 102.58 97.57 97.09 98.91 99.25 103.23 -1.30%
EPS 11.10 24.40 9.80 28.50 15.40 15.50 10.40 4.43%
DPS 0.00 20.00 0.00 10.00 0.00 20.00 0.00 -
NAPS 4.3884 4.5472 4.3014 4.2945 4.1483 3.9098 3.731 11.41%
Adjusted Per Share Value based on latest NOSH - 3,340,880
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 89.00 90.31 85.62 84.54 84.89 83.40 86.20 2.15%
EPS 9.76 21.48 8.60 24.82 13.22 13.02 8.68 8.12%
DPS 0.00 17.61 0.00 8.71 0.00 16.81 0.00 -
NAPS 3.8585 4.0031 3.7747 3.7393 3.5603 3.2855 3.1153 15.31%
Price Multiplier on Financial Quarter End Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 -
Price 4.88 5.80 5.60 5.15 5.15 4.20 3.67 -
P/RPS 4.82 5.65 5.74 5.30 5.21 4.23 3.56 22.36%
P/EPS 43.96 23.77 57.14 18.07 33.44 27.10 35.29 15.75%
EY 2.27 4.21 1.75 5.53 2.99 3.69 2.83 -13.65%
DY 0.00 3.45 0.00 1.94 0.00 4.76 0.00 -
P/NAPS 1.11 1.28 1.30 1.20 1.24 1.07 0.98 8.65%
Price Multiplier on Announcement Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/05/05 24/02/05 30/11/04 24/08/04 26/05/04 26/02/04 21/11/03 -
Price 4.90 5.30 6.00 5.05 4.75 5.25 4.18 -
P/RPS 4.84 5.17 6.15 5.20 4.80 5.29 4.05 12.60%
P/EPS 44.14 21.72 61.22 17.72 30.84 33.87 40.19 6.44%
EY 2.27 4.60 1.63 5.64 3.24 2.95 2.49 -5.97%
DY 0.00 3.77 0.00 1.98 0.00 3.81 0.00 -
P/NAPS 1.12 1.17 1.39 1.18 1.15 1.34 1.12 0.00%

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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