MK Restaurant Group Public Co. Ltd. said its second-quarter normalized net income amounted to 51 satang per share, compared with the S&P Capital IQ consensus estimate of 60 satang per share.

EPS increased 17.9% year over year from 44 satang.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 472.9 million baht, a gain of 18.0% from 400.7 million baht in the prior-year period.

The normalized profit margin climbed to 11.5% from 10.5% in the year-earlier period.

Total revenue grew 7.9% on an annual basis to 4.11 billion baht from 3.81 billion baht, and total operating expenses climbed year over year to 3.38 billion baht from 3.22 billion baht.

Reported net income grew 19.8% on an annual basis to 616.1 million baht, or 67 satang per share, from 514.3 million baht, or 56 satang per share.

As of Aug. 11, US$1 was equivalent to 34.73 baht.