[HSL] QoQ Quarter Result on 31-Mar-2006 [#1]

Announcement Date
18-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- -17.2%
YoY- 8.58%
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Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 65,021 65,711 66,096 63,727 77,400 77,668 70,103 -4.88%
PBT 13,383 12,810 11,693 10,287 12,288 11,851 11,159 12.84%
Tax -3,541 -4,803 -3,391 -2,957 -3,435 -3,287 -3,130 8.54%
NP 9,842 8,007 8,302 7,330 8,853 8,564 8,029 14.49%
-
NP to SH 9,842 8,007 8,302 7,330 8,853 8,564 8,029 14.49%
-
Tax Rate 26.46% 37.49% 29.00% 28.75% 27.95% 27.74% 28.05% -
Total Cost 55,179 57,704 57,794 56,397 68,547 69,104 62,074 -7.52%
-
Net Worth 194,655 191,886 184,304 182,400 176,503 173,067 165,703 11.30%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 7,882 7,894 7,906 - 6,818 - 8,006 -1.03%
Div Payout % 80.09% 98.59% 95.24% - 77.02% - 99.72% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 194,655 191,886 184,304 182,400 176,503 173,067 165,703 11.30%
NOSH 112,608 112,774 112,952 113,292 113,645 113,882 114,373 -1.02%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 15.14% 12.19% 12.56% 11.50% 11.44% 11.03% 11.45% -
ROE 5.06% 4.17% 4.50% 4.02% 5.02% 4.95% 4.85% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 57.74 58.27 58.52 56.25 68.11 68.20 61.29 -3.88%
EPS 8.74 7.10 7.35 6.47 7.79 7.52 7.02 15.68%
DPS 7.00 7.00 7.00 0.00 6.00 0.00 7.00 0.00%
NAPS 1.7286 1.7015 1.6317 1.61 1.5531 1.5197 1.4488 12.45%
Adjusted Per Share Value based on latest NOSH - 113,292
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 11.16 11.28 11.34 10.94 13.28 13.33 12.03 -4.86%
EPS 1.69 1.37 1.42 1.26 1.52 1.47 1.38 14.42%
DPS 1.35 1.35 1.36 0.00 1.17 0.00 1.37 -0.97%
NAPS 0.3341 0.3293 0.3163 0.313 0.3029 0.297 0.2844 11.30%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 0.57 0.57 0.59 0.63 0.51 0.53 0.53 -
P/RPS 0.99 0.98 1.01 1.12 0.75 0.78 0.86 9.81%
P/EPS 6.52 8.03 8.03 9.74 6.55 7.05 7.55 -9.29%
EY 15.33 12.46 12.46 10.27 15.27 14.19 13.25 10.17%
DY 12.28 12.28 11.86 0.00 11.76 0.00 13.21 -4.73%
P/NAPS 0.33 0.33 0.36 0.39 0.33 0.35 0.37 -7.32%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 26/02/07 16/11/06 17/08/06 18/05/06 27/02/06 21/11/05 22/08/05 -
Price 0.65 0.56 0.59 0.62 0.58 0.51 0.55 -
P/RPS 1.13 0.96 1.01 1.10 0.85 0.75 0.90 16.33%
P/EPS 7.44 7.89 8.03 9.58 7.45 6.78 7.83 -3.33%
EY 13.45 12.68 12.46 10.44 13.43 14.75 12.76 3.56%
DY 10.77 12.50 11.86 0.00 10.34 0.00 12.73 -10.52%
P/NAPS 0.38 0.33 0.36 0.39 0.37 0.34 0.38 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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