Sunjuice Holdings Co. Ltd. said its normalized net income for the first quarter amounted to NT$1.60 per share, compared with the S&P Capital IQ consensus estimate of NT$2.13 per share.
EPS fell 18.1% year over year from NT$1.95.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$43.4 million, a decrease of 18.0% from NT$53.0 million in the year-earlier period.
The normalized profit margin declined to 8.6% from 12.3% in the year-earlier period.
Total revenue climbed 17.3% year over year to NT$506.3 million from NT$431.8 million, and total operating expenses grew 25.9% on an annual basis to NT$434.8 million from NT$345.3 million.
Reported net income decreased 16.5% from the prior-year period to NT$47.2 million, or NT$1.74 per share, from NT$56.6 million, or NT$2.08 per share.
As of May 11, US$1 was equivalent to NT$30.76.
