Phol Dhanya Public Company Ltd said its normalized net income for the first quarter was 6 satang per share, a decline from 6 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 8.9 million baht, a decline from 9.1 million baht in the prior-year period.
The normalized profit margin declined to 4.4% from 4.6% in the year-earlier period.
Total revenue climbed year over year to 204.1 million baht from 199.7 million baht, and total operating expenses grew from the prior-year period to 192.6 million baht from 187.0 million baht.
Reported net income fell on an annual basis to 11.0 million baht, or 7 satang per share, from 11.5 million baht, or 7 satang per share.
As of May 8, US$1 was equivalent to 33.56 baht.
