Da Lue International Holding Co. Ltd. said its normalized net income for the fourth quarter was NT$1.70 per share, compared with the S&P Capital IQ consensus estimate of NT$2.09 per share.
EPS increased 29.0% year over year from NT$1.32.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$60.5 million, a gain of 43.0% from NT$42.3 million in the prior-year period.
The normalized profit margin dropped to 16.2% from 16.2% in the year-earlier period.
Total revenue grew 45.7% year over year to NT$379.9 million from NT$260.7 million, and total operating expenses increased 44.5% from the prior-year period to NT$281.2 million from NT$194.7 million.
Reported net income increased 27.8% year over year to NT$62.8 million, or NT$1.77 per share, from NT$49.1 million, or NT$1.53 per share.
For the year, the company's normalized net income totaled NT$3.57 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of NT$3.92.
EPS rose from NT$1.64 in the prior year.
Normalized net income was NT$118.9 million, a rise from NT$47.6 million in the prior year.
Full-year total revenue rose 89.7% year over year to NT$1.04 billion from NT$548.5 million, and total operating expenses rose 81.0% year over year to NT$865.8 million from NT$478.2 million.
The company said reported net income increased on an annual basis to NT$128.3 million, or NT$3.85 per share, in the full year, from NT$52.8 million, or NT$1.82 per share.
As of March 29, US$1 was equivalent to NT$32.58.