Ta Yih Industrial Co. Ltd. said its normalized net income for the first quarter was NT$1.67 per share, compared with the S&P Capital IQ consensus estimate of NT$2.07 per share.
EPS rose 59.8% year over year from NT$1.05.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$127.7 million, a gain of 59.8% from NT$79.9 million in the year-earlier period.
The normalized profit margin increased to 7.9% from 6.8% in the year-earlier period.
Total revenue grew 37.5% year over year to NT$1.61 billion from NT$1.17 billion, and total operating expenses climbed 34.7% from the prior-year period to NT$1.43 billion from NT$1.06 billion.
Reported net income grew 66.4% on an annual basis to NT$170.1 million, or NT$2.23 per share, from NT$102.2 million, or NT$1.34 per share.
As of May 8, US$1 was equivalent to NT$30.70.
