[SOP] QoQ TTM Result on 31-Mar-2004 [#1]

Announcement Date
24-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 4.55%
YoY- 171.27%
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TTM Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 167,954 145,660 139,852 120,805 104,931 94,081 80,371 63.08%
PBT 47,403 41,325 43,535 56,511 53,192 50,984 44,135 4.85%
Tax -13,541 -12,409 -12,461 -11,508 -10,148 -7,510 -6,491 62.90%
NP 33,862 28,916 31,074 45,003 43,044 43,474 37,644 -6.78%
-
NP to SH 33,862 28,916 31,074 45,003 43,044 43,474 37,644 -6.78%
-
Tax Rate 28.57% 30.03% 28.62% 20.36% 19.08% 14.73% 14.71% -
Total Cost 134,092 116,744 108,778 75,802 61,887 50,607 42,727 113.61%
-
Net Worth 226,014 214,582 211,703 203,269 204,486 202,296 194,634 10.42%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 4,747 4,747 - - - 4,748 - -
Div Payout % 14.02% 16.42% - - - 10.92% - -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 226,014 214,582 211,703 203,269 204,486 202,296 194,634 10.42%
NOSH 94,963 94,948 94,934 94,985 98,785 94,974 94,943 0.01%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 20.16% 19.85% 22.22% 37.25% 41.02% 46.21% 46.84% -
ROE 14.98% 13.48% 14.68% 22.14% 21.05% 21.49% 19.34% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 176.86 153.41 147.31 127.18 106.22 99.06 84.65 63.06%
EPS 35.66 30.45 32.73 47.38 43.57 45.77 39.65 -6.79%
DPS 5.00 5.00 0.00 0.00 0.00 5.00 0.00 -
NAPS 2.38 2.26 2.23 2.14 2.07 2.13 2.05 10.41%
Adjusted Per Share Value based on latest NOSH - 94,985
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 18.83 16.33 15.68 13.55 11.77 10.55 9.01 63.09%
EPS 3.80 3.24 3.48 5.05 4.83 4.87 4.22 -6.72%
DPS 0.53 0.53 0.00 0.00 0.00 0.53 0.00 -
NAPS 0.2534 0.2406 0.2374 0.2279 0.2293 0.2268 0.2182 10.43%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 2.23 2.22 2.31 2.79 2.03 1.92 1.95 -
P/RPS 1.26 1.45 1.57 2.19 1.91 1.94 2.30 -32.92%
P/EPS 6.25 7.29 7.06 5.89 4.66 4.19 4.92 17.20%
EY 15.99 13.72 14.17 16.98 21.46 23.84 20.33 -14.73%
DY 2.24 2.25 0.00 0.00 0.00 2.60 0.00 -
P/NAPS 0.94 0.98 1.04 1.30 0.98 0.90 0.95 -0.69%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 26/04/05 24/12/04 26/07/04 24/05/04 24/05/04 27/11/03 27/08/03 -
Price 2.04 2.20 2.30 2.31 2.31 2.00 1.93 -
P/RPS 1.15 1.43 1.56 1.82 2.17 2.02 2.28 -36.50%
P/EPS 5.72 7.22 7.03 4.88 5.30 4.37 4.87 11.26%
EY 17.48 13.84 14.23 20.51 18.86 22.89 20.54 -10.15%
DY 2.45 2.27 0.00 0.00 0.00 2.50 0.00 -
P/NAPS 0.86 0.97 1.03 1.08 1.12 0.94 0.94 -5.73%

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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