Cafe de Coral Holdings Ltd. said its normalized net income for the fiscal full year ended March 31 amounted to 73 Hong Kong cents per share, compared with the S&P Capital IQ consensus estimate of HK$1.05 per share.

EPS decreased year over year from 75 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$420.5 million, a decline from HK$435.3 million in the prior-year period.

The normalized profit margin declined to 5.7% from 6.4% in the year-earlier period.

Total revenue increased 7.8% year over year to HK$7.36 billion from HK$6.83 billion, and total operating expenses climbed 9.0% from the prior-year period to HK$6.71 billion from HK$6.15 billion.

Reported net income declined 5.6% year over year to HK$601.4 million, or HK$1.04 per share, from HK$636.8 million, or HK$1.10 per share.