4912631 said its first-quarter normalized net income amounted to 3 fen per share, a decrease of 7.1% from 4 fen per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 21.1 million yuan, an increase from 20.8 million yuan in the prior-year period.
The normalized profit margin dropped to 6.4% from 7.3% in the year-earlier period.
Total revenue increased 16.3% year over year to 329.8 million yuan from 283.5 million yuan, and total operating expenses increased 18.6% from the prior-year period to 292.6 million yuan from 246.6 million yuan.
eported net income came to 27.1 million yuan, Zhejiang Shuanghuan Driveline Co. Ltd..
