Uni-President China Holdings Ltd said its normalized net income for the second half amounted to 8 fen per share, compared with the S&P Capital IQ consensus estimate of 6 fen per share.

The per-share result swung to a profit from the prior-year loss of 4 fen.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 327.2 million yuan, compared with a loss of 152.2 million yuan in the prior-year period.

Total revenue increased 12.3% year over year to 10.41 billion yuan from 9.27 billion yuan, and total operating expenses rose on an annual basis to 9.96 billion yuan from 9.54 billion yuan.

Reported net income came to 308.6 million yuan, or 7 fen per share, compared to a loss of 167.9 million yuan, or a loss of 4 fen per share, in the prior-year period.

For the year, the company's normalized net income totaled 19 fen per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 20 fen.

EPS rose 69.6% from 11 fen in the prior year.

Normalized net income was 828.6 million yuan, an increase of 69.6% from 488.7 million yuan in the prior year.

Full-year total revenue rose year over year to 21.30 billion yuan from 20.99 billion yuan, and total operating expenses fell year over year to 20.06 billion yuan from 20.31 billion yuan.

The company said reported net income rose 44.6% year over year to 878.2 million yuan, or 20 fen per share, in the full year, from 607.3 million yuan, or 14 fen per share.

As of April 13, US$1 was equivalent to 6.27 yuan.