New Hua Du Supercenter Co. Ltd. said its normalized net income for the third quarter was 18 fen per share, compared with a loss of 8 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 125.4 million yuan, compared with a loss of 42.2 million yuan in the prior-year period.
The normalized profit margin climbed to 7.8% from negative 2.7% in the year-earlier period.
Total revenue climbed on an annual basis to 1.61 billion yuan from 1.59 billion yuan, and total operating expenses fell from the prior-year period to 1.62 billion yuan from 1.64 billion yuan.
Reported net income totaled 163.2 million yuan, or 24 fen per share, compared to a loss of 74.6 million yuan, or a loss of 14 fen per share, in the prior-year period.
As of Oct. 26, US$1 was equivalent to 6.77 yuan.