CP ALL Public Company Ltd said its normalized net income for the second quarter came to 27 satang per share, compared with the S&P Capital IQ consensus estimate of 37 satang per share.
EPS increased 38.2% year over year from 19 satang.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.40 billion baht, a gain of 38.2% from 1.74 billion baht in the year-earlier period.
The normalized profit margin rose to 2.4% from 1.9% in the year-earlier period.
Total revenue climbed 9.3% year over year to 100.63 billion baht from 92.07 billion baht, and total operating expenses rose 8.8% on an annual basis to 94.59 billion baht from 86.92 billion baht.
Reported net income grew 39.4% year over year to 3.14 billion baht, or 35 satang per share, from 2.25 billion baht, or 25 satang per share.
As of Aug. 10, US$1 was equivalent to 35.12 baht.