[ENG] QoQ TTM Result on 31-Dec-2004 [#4]

Announcement Date
24-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 9.66%
YoY- 63.26%
Quarter Report
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TTM Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 316,168 300,579 289,286 283,957 277,294 261,808 239,636 20.27%
PBT 43,363 39,898 37,861 37,463 34,440 30,298 27,731 34.68%
Tax -5,652 -6,522 -7,369 -8,594 -8,115 -7,491 -6,700 -10.71%
NP 37,711 33,376 30,492 28,869 26,325 22,807 21,031 47.54%
-
NP to SH 30,384 29,210 28,425 28,869 26,325 22,807 21,031 27.76%
-
Tax Rate 13.03% 16.35% 19.46% 22.94% 23.56% 24.72% 24.16% -
Total Cost 278,457 267,203 258,794 255,088 250,969 239,001 218,605 17.49%
-
Net Worth 136,173 116,766 139,263 131,444 123,924 122,724 115,669 11.48%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 14,210 14,210 10,876 10,876 7,396 7,396 4,891 103.47%
Div Payout % 46.77% 48.65% 38.27% 37.68% 28.10% 32.43% 23.26% -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 136,173 116,766 139,263 131,444 123,924 122,724 115,669 11.48%
NOSH 117,390 116,766 118,019 83,722 83,171 83,486 83,215 25.75%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 11.93% 11.10% 10.54% 10.17% 9.49% 8.71% 8.78% -
ROE 22.31% 25.02% 20.41% 21.96% 21.24% 18.58% 18.18% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 269.33 257.42 245.12 339.16 333.40 313.59 287.97 -4.35%
EPS 25.88 25.02 24.08 34.48 31.65 27.32 25.27 1.60%
DPS 12.11 12.17 9.22 13.00 9.00 8.86 5.88 61.80%
NAPS 1.16 1.00 1.18 1.57 1.49 1.47 1.39 -11.35%
Adjusted Per Share Value based on latest NOSH - 83,722
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 279.44 265.66 255.68 250.97 245.08 231.40 211.80 20.27%
EPS 26.85 25.82 25.12 25.52 23.27 20.16 18.59 27.74%
DPS 12.56 12.56 9.61 9.61 6.54 6.54 4.32 103.57%
NAPS 1.2036 1.032 1.2309 1.1618 1.0953 1.0847 1.0223 11.48%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 2.15 2.55 2.73 3.56 3.20 3.72 4.68 -
P/RPS 0.80 0.99 1.11 1.05 0.96 1.19 1.63 -37.75%
P/EPS 8.31 10.19 11.33 10.32 10.11 13.62 18.52 -41.36%
EY 12.04 9.81 8.82 9.69 9.89 7.34 5.40 70.58%
DY 5.63 4.77 3.38 3.65 2.81 2.38 1.26 171.03%
P/NAPS 1.85 2.55 2.31 2.27 2.15 2.53 3.37 -32.93%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 17/11/05 11/08/05 12/05/05 24/02/05 26/11/04 27/09/04 20/05/04 -
Price 2.09 2.05 2.67 3.54 3.20 3.14 4.00 -
P/RPS 0.78 0.80 1.09 1.04 0.96 1.00 1.39 -31.94%
P/EPS 8.07 8.19 11.09 10.27 10.11 11.49 15.83 -36.15%
EY 12.38 12.20 9.02 9.74 9.89 8.70 6.32 56.49%
DY 5.79 5.94 3.45 3.67 2.81 2.82 1.47 149.19%
P/NAPS 1.80 2.05 2.26 2.25 2.15 2.14 2.88 -26.87%

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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