CP ALL Public Company Ltd said its normalized net income for the first quarter came to 29 satang per share, compared with the S&P Capital IQ consensus estimate of 31 satang per share.
EPS rose 26.2% year over year from 23 satang.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.64 billion baht, a gain of 26.2% from 2.09 billion baht in the year-earlier period.
The normalized profit margin climbed to 2.7% from 2.4% in the year-earlier period.
Total revenue grew 10.8% year over year to 98.72 billion baht from 89.08 billion baht, and total operating expenses grew 9.0% from the prior-year period to 92.21 billion baht from 84.58 billion baht.
Reported net income grew 26.3% year over year to 3.41 billion baht, or 38 satang per share, from 2.70 billion baht, or 30 satang per share.
As of May 12, US$1 was equivalent to 33.74 baht.
