China Lilang Ltd. said its second-half normalized net income came to 25 fen per share, compared with the S&P Capital IQ consensus estimate of 31 fen per share.
EPS increased 10.8% year over year from 22 fen.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 297.4 million yuan, an increase of 11.1% from 267.8 million yuan in the prior-year period.
Total revenue grew 11.8% on an annual basis to 1.50 billion yuan from 1.34 billion yuan, and total operating expenses rose 9.8% from the prior-year period to 1.05 billion yuan from 956.7 million yuan.
Reported net income grew 13.7% on an annual basis to 348.8 million yuan, or 29 fen per share, from 306.8 million yuan, or 25 fen per share.
For the year, the company's normalized net income totaled 45 fen per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 52 fen.
EPS rose 12.4% from 40 fen in the prior year.
Normalized net income was 539.7 million yuan, an increase of 12.6% from 479.2 million yuan in the prior year.
Full-year total revenue rose 10.5% from the prior-year period to 2.69 billion yuan from 2.43 billion yuan, and total operating expenses grew 8.1% year over year to 1.89 billion yuan from 1.75 billion yuan.
The company said reported net income rose 12.7% on an annual basis to 625.2 million yuan, or 52 fen per share, in the full year, from 554.9 million yuan, or 46 fen per share.
As of March 9, US$1 was equivalent to 6.51 yuan.