Yulon Nissan Motor Co. Ltd. said its normalized net income for the third quarter was NT$2.14 per share, compared with the S&P Capital IQ consensus estimate of NT$4.96 per share.
EPS fell 41.1% year over year from NT$3.63.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$641.4 million, a decline of 41.1% from NT$1.09 billion in the year-earlier period.
The normalized profit margin declined to 8.1% from 13.4% in the year-earlier period.
Total revenue decreased on an annual basis to NT$7.89 billion from NT$8.11 billion, and total operating expenses decreased on an annual basis to NT$7.66 billion from NT$7.86 billion.
Reported net income declined 40.7% on an annual basis to NT$855.3 million, or NT$2.85 per share, from NT$1.44 billion, or NT$4.81 per share.
As of Nov. 9, US$1 was equivalent to NT$32.83.