S.F. Holding Co. Ltd. said its third-quarter normalized net income amounted to 34 fen per share, an increase of 28.2% from 26 fen per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.45 billion yuan, a gain of 39.7% from 1.04 billion yuan in the prior-year period.
The normalized profit margin climbed to 8.2% from 7.2% in the year-earlier period.
Total revenue grew 23.0% on an annual basis to 17.67 billion yuan from 14.36 billion yuan, and total operating expenses increased 17.9% on an annual basis to 16.46 billion yuan from 13.97 billion yuan.
Reported net income increased 14.6% on an annual basis to 1.76 billion yuan, or 41 fen per share, from 1.54 billion yuan, or 39 fen per share.
As of Oct. 26, US$1 was equivalent to 6.63 yuan.