4910953 said its normalized net income for the first quarter was 26 Mexican centavos per share, an increase from 9 centavos per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 22.9 million pesos, a gain from 8.1 million pesos in the prior-year period.
The normalized profit margin rose to 3.2% from 1.4% in the year-earlier period.
Total revenue grew 23.6% year over year to 707.4 million pesos from 572.2 million pesos, and total operating expenses grew 20.6% from the prior-year period to 666.2 million pesos from 552.6 million pesos.
eported net income rose year over year to 26.0 million p Grupo Vasconia SAB.
