[TM] QoQ Quarter Result on 31-Mar-2005 [#1]

Announcement Date
31-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -54.57%
YoY- -26.16%
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Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 3,754,017 3,451,114 3,322,352 3,414,887 3,465,105 3,285,164 3,243,587 10.20%
PBT -381,396 931,000 501,771 532,928 943,773 521,570 1,001,425 -
Tax -336,727 -128,929 -55,503 -158,453 -119,573 -191,592 -49,274 258.85%
NP -718,123 802,071 446,268 374,475 824,200 329,978 952,151 -
-
NP to SH -701,275 775,902 426,135 374,475 824,200 329,978 952,151 -
-
Tax Rate - 13.85% 11.06% 29.73% 12.67% 36.73% 4.92% -
Total Cost 4,472,140 2,649,043 2,876,084 3,040,412 2,640,905 2,955,186 2,291,436 55.98%
-
Net Worth 20,016,149 14,851,239 14,408,436 14,804,919 15,359,846 14,483,340 14,347,411 24.77%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 846,950 - 338,202 - 675,573 - 334,088 85.60%
Div Payout % 0.00% - 79.37% - 81.97% - 35.09% -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 20,016,149 14,851,239 14,408,436 14,804,919 15,359,846 14,483,340 14,347,411 24.77%
NOSH 3,387,801 3,388,218 3,382,023 3,373,648 3,377,868 3,367,122 3,340,880 0.93%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin -19.13% 23.24% 13.43% 10.97% 23.79% 10.04% 29.35% -
ROE -3.50% 5.22% 2.96% 2.53% 5.37% 2.28% 6.64% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 110.81 101.86 98.24 101.22 102.58 97.57 97.09 9.18%
EPS -20.70 22.90 12.60 11.10 24.40 9.80 28.50 -
DPS 25.00 0.00 10.00 0.00 20.00 0.00 10.00 83.89%
NAPS 5.9083 4.3832 4.2603 4.3884 4.5472 4.3014 4.2945 23.62%
Adjusted Per Share Value based on latest NOSH - 3,373,648
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 97.82 89.93 86.57 88.98 90.29 85.60 84.52 10.20%
EPS -18.27 20.22 11.10 9.76 21.48 8.60 24.81 -
DPS 22.07 0.00 8.81 0.00 17.60 0.00 8.71 85.54%
NAPS 5.2157 3.8698 3.7544 3.8578 4.0024 3.774 3.7385 24.78%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 4.78 5.20 5.00 4.88 5.80 5.60 5.15 -
P/RPS 4.31 5.11 5.09 4.82 5.65 5.74 5.30 -12.84%
P/EPS -23.09 22.71 39.68 43.96 23.77 57.14 18.07 -
EY -4.33 4.40 2.52 2.27 4.21 1.75 5.53 -
DY 5.23 0.00 2.00 0.00 3.45 0.00 1.94 93.35%
P/NAPS 0.81 1.19 1.17 1.11 1.28 1.30 1.20 -22.99%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 28/02/06 29/11/05 25/08/05 31/05/05 24/02/05 30/11/04 24/08/04 -
Price 4.95 4.80 5.50 4.90 5.30 6.00 5.05 -
P/RPS 4.47 4.71 5.60 4.84 5.17 6.15 5.20 -9.56%
P/EPS -23.91 20.96 43.65 44.14 21.72 61.22 17.72 -
EY -4.18 4.77 2.29 2.27 4.60 1.63 5.64 -
DY 5.05 0.00 1.82 0.00 3.77 0.00 1.98 86.35%
P/NAPS 0.84 1.10 1.29 1.12 1.17 1.39 1.18 -20.22%

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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