[NSOP] QoQ TTM Result on 31-Mar-2003 [#1]

Announcement Date
30-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 8.14%
YoY- -38.62%
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TTM Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 47,940 48,140 47,572 44,975 43,364 40,556 38,747 15.20%
PBT 19,198 19,523 17,604 14,599 13,287 7,504 25,488 -17.17%
Tax -6,330 -6,237 -5,294 -4,246 -3,713 -1,784 -6,737 -4.05%
NP 12,868 13,286 12,310 10,353 9,574 5,720 18,751 -22.14%
-
NP to SH 12,868 13,286 12,310 10,353 9,574 5,720 18,751 -22.14%
-
Tax Rate 32.97% 31.95% 30.07% 29.08% 27.94% 23.77% 26.43% -
Total Cost 35,072 34,854 35,262 34,622 33,790 34,836 19,996 45.28%
-
Net Worth 200,867 202,017 207,013 206,553 208,389 205,012 203,126 -0.74%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 9,999 9,999 6,564 9,135 5,825 5,825 3,446 103.04%
Div Payout % 77.71% 75.26% 53.33% 88.24% 60.85% 101.84% 18.38% -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 200,867 202,017 207,013 206,553 208,389 205,012 203,126 -0.74%
NOSH 67,405 66,893 66,350 66,203 66,155 65,083 64,280 3.20%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 26.84% 27.60% 25.88% 23.02% 22.08% 14.10% 48.39% -
ROE 6.41% 6.58% 5.95% 5.01% 4.59% 2.79% 9.23% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 71.12 71.97 71.70 67.93 65.55 62.31 60.28 11.62%
EPS 19.09 19.86 18.55 15.64 14.47 8.79 29.17 -24.56%
DPS 15.00 15.00 10.00 13.80 8.81 8.95 5.36 98.21%
NAPS 2.98 3.02 3.12 3.12 3.15 3.15 3.16 -3.82%
Adjusted Per Share Value based on latest NOSH - 66,203
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 68.29 68.57 67.76 64.07 61.77 57.77 55.19 15.21%
EPS 18.33 18.93 17.54 14.75 13.64 8.15 26.71 -22.14%
DPS 14.24 14.24 9.35 13.01 8.30 8.30 4.91 102.97%
NAPS 2.8613 2.8777 2.9488 2.9423 2.9684 2.9203 2.8935 -0.74%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 2.30 2.08 2.02 1.99 2.03 1.93 2.13 -
P/RPS 3.23 2.89 2.82 2.93 3.10 3.10 3.53 -5.73%
P/EPS 12.05 10.47 10.89 12.73 14.03 21.96 7.30 39.54%
EY 8.30 9.55 9.18 7.86 7.13 4.55 13.70 -28.33%
DY 6.52 7.21 4.95 6.93 4.34 4.64 2.52 88.13%
P/NAPS 0.77 0.69 0.65 0.64 0.64 0.61 0.67 9.69%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 25/02/04 28/11/03 22/08/03 30/05/03 24/02/03 28/11/02 22/08/02 -
Price 2.37 2.17 2.13 2.00 2.05 2.06 2.16 -
P/RPS 3.33 3.02 2.97 2.94 3.13 3.31 3.58 -4.69%
P/EPS 12.41 10.93 11.48 12.79 14.17 23.44 7.40 41.02%
EY 8.06 9.15 8.71 7.82 7.06 4.27 13.50 -29.02%
DY 6.33 6.91 4.69 6.90 4.30 4.34 2.48 86.44%
P/NAPS 0.80 0.72 0.68 0.64 0.65 0.65 0.68 11.41%

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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