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Big Camera Corp. Q1 profit climbs YOY

Big Camera Corp. PCL said its first-quarter normalized net income amounted to 2 satang per share, a decline of 40.1% from 3 satang per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 57.5 million baht, a gain from 28.4 million baht in the year-earlier period.

The normalized profit margin climbed to 5.9% from 3.5% in the year-earlier period.

Total revenue rose 19.8% year over year to 982.4 million baht from 819.9 million baht, and total operating expenses grew 14.9% year over year to 886.0 million baht from 771.1 million baht.

Reported net income rose year over year to 73.0 million baht, or 2 satang per share, from 36.2 million baht, or 3 satang per share.

As of May 13, US$1 was equivalent to 33.55 baht.