Siam Makro PCL said its normalized net income for the first quarter came to 26 satang per share, compared with the S&P Capital IQ consensus estimate of 30 satang per share.
EPS climbed 21.5% year over year from 21 satang.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.23 billion baht, a gain of 21.5% from 1.01 billion baht in the year-earlier period.
The normalized profit margin climbed to 3.1% from 2.9% in the year-earlier period.
Total revenue rose 12.5% year over year to 39.78 billion baht from 35.37 billion baht, and total operating expenses rose 12.0% from the prior-year period to 37.75 billion baht from 33.72 billion baht.
Reported net income increased 21.1% from the prior-year period to 1.54 billion baht, or 32 satang per share, from 1.27 billion baht, or 26 satang per share.
As of May 8, US$1 was equivalent to 33.56 baht.
