Advanced International Multitech Co. Ltd. said its normalized net income for the fourth quarter amounted to 97 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of 46 cents per share.

EPS climbed 14.9% year over year from 84 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$129.3 million, a gain of 14.1% from NT$113.3 million in the year-earlier period.

The normalized profit margin climbed to 4.9% from 4.3% in the year-earlier period.

Total revenue increased on an annual basis to NT$2.66 billion from NT$2.64 billion, and total operating expenses decreased year over year to NT$2.46 billion from NT$2.51 billion.

Reported net income rose 79.2% on an annual basis to NT$168.4 million, or NT$1.26 per share, from NT$94.0 million, or 70 cents per share.

For the year, the company's normalized net income totaled 45 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of a loss of 67 cents.

EPS rose from 14 cents in the prior year.

Normalized net income was NT$60.0 million, a gain from NT$18.9 million in the prior year.

Full-year total revenue declined 7.8% year over year to NT$8.79 billion from NT$9.53 billion, and total operating expenses fell 9.4% on an annual basis to NT$8.72 billion from NT$9.62 billion.

The company said reported net income came to NT$6.7 million, or 5 cents per share, in the full year, compared with a loss of NT$77.6 million, or a loss of 58 cents per share, the prior year.

As of March 30, US$1 was equivalent to NT$32.18.