[TM] QoQ Quarter Result on 31-Dec-2003 [#4]

Announcement Date
26-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 49.99%
YoY- 386.89%
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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 3,285,164 3,243,587 3,257,044 3,200,009 3,307,412 2,950,943 2,337,986 25.37%
PBT 521,570 1,001,425 706,071 511,299 455,557 412,436 431,160 13.49%
Tax -191,592 -49,274 -198,940 -11,539 -122,364 -134,573 -151,562 16.86%
NP 329,978 952,151 507,131 499,760 333,193 277,863 279,598 11.64%
-
NP to SH 329,978 952,151 507,131 499,760 333,193 277,863 279,598 11.64%
-
Tax Rate 36.73% 4.92% 28.18% 2.26% 26.86% 32.63% 35.15% -
Total Cost 2,955,186 2,291,436 2,749,913 2,700,249 2,974,219 2,673,080 2,058,388 27.18%
-
Net Worth 14,483,340 14,347,411 13,660,595 12,606,204 11,953,299 11,381,963 14,075,216 1.91%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - 334,088 - 644,851 - - - -
Div Payout % - 35.09% - 129.03% - - - -
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 14,483,340 14,347,411 13,660,595 12,606,204 11,953,299 11,381,963 14,075,216 1.91%
NOSH 3,367,122 3,340,880 3,293,058 3,224,258 3,203,778 3,157,534 3,177,249 3.93%
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 10.04% 29.35% 15.57% 15.62% 10.07% 9.42% 11.96% -
ROE 2.28% 6.64% 3.71% 3.96% 2.79% 2.44% 1.99% -
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 97.57 97.09 98.91 99.25 103.23 93.46 73.59 20.62%
EPS 9.80 28.50 15.40 15.50 10.40 8.80 8.80 7.41%
DPS 0.00 10.00 0.00 20.00 0.00 0.00 0.00 -
NAPS 4.3014 4.2945 4.1483 3.9098 3.731 3.6047 4.43 -1.93%
Adjusted Per Share Value based on latest NOSH - 3,224,258
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 85.62 84.54 84.89 83.40 86.20 76.91 60.93 25.37%
EPS 8.60 24.82 13.22 13.02 8.68 7.24 7.29 11.61%
DPS 0.00 8.71 0.00 16.81 0.00 0.00 0.00 -
NAPS 3.7747 3.7393 3.5603 3.2855 3.1153 2.9664 3.6683 1.91%
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 5.60 5.15 5.15 4.20 3.67 3.92 3.58 -
P/RPS 5.74 5.30 5.21 4.23 3.56 4.19 4.87 11.54%
P/EPS 57.14 18.07 33.44 27.10 35.29 44.55 40.68 25.34%
EY 1.75 5.53 2.99 3.69 2.83 2.24 2.46 -20.26%
DY 0.00 1.94 0.00 4.76 0.00 0.00 0.00 -
P/NAPS 1.30 1.20 1.24 1.07 0.98 1.09 0.81 36.96%
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 30/11/04 24/08/04 26/05/04 26/02/04 21/11/03 26/08/03 27/05/03 -
Price 6.00 5.05 4.75 5.25 4.18 3.95 3.78 -
P/RPS 6.15 5.20 4.80 5.29 4.05 4.23 5.14 12.66%
P/EPS 61.22 17.72 30.84 33.87 40.19 44.89 42.95 26.57%
EY 1.63 5.64 3.24 2.95 2.49 2.23 2.33 -21.14%
DY 0.00 1.98 0.00 3.81 0.00 0.00 0.00 -
P/NAPS 1.39 1.18 1.15 1.34 1.12 1.10 0.85 38.67%

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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