Siam Global House PCL said its normalized net income for the first quarter was 4 satang per share, compared with the S&P Capital IQ consensus estimate of 5 satang per share.
EPS declined 5.4% year over year from 5 satang.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 169.3 million baht, a decrease of 5.4% from 179.1 million baht in the year-earlier period.
The normalized profit margin fell to 3.6% from 4.2% in the year-earlier period.
Total revenue rose 9.0% year over year to 4.66 billion baht from 4.28 billion baht, and total operating expenses increased 10.0% year over year to 4.36 billion baht from 3.96 billion baht.
Reported net income declined 5.4% from the prior-year period to 216.8 million baht, or 6 satang per share, from 229.1 million baht, or 6 satang per share.
As of May 6, US$1 was equivalent to 33.23 baht.
