Global PMX Co. Ltd. said its normalized net income for the fourth quarter amounted to 83 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of NT$1.22 per share.

EPS increased 12.5% year over year from 74 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$68.6 million, an increase of 23.3% from NT$55.7 million in the year-earlier period.

The normalized profit margin climbed to 8.2% from 7.8% in the year-earlier period.

Total revenue increased 16.4% year over year to NT$832.2 million from NT$714.7 million, and total operating expenses increased 11.2% from the prior-year period to NT$709.8 million from NT$638.2 million.

Reported net income rose 10.3% year over year to NT$81.4 million, or 99 cents per share, from NT$73.8 million, or 98 cents per share.

For the year, the company's normalized net income totaled NT$2.99 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of NT$3.80.

EPS declined 15.7% from NT$3.54 in the prior year.

Normalized net income was NT$233.8 million, a decrease of 12.2% from NT$266.4 million in the prior year.

Full-year total revenue increased 9.7% from the prior-year period to NT$3.07 billion from NT$2.79 billion, and total operating expenses grew 12.2% on an annual basis to NT$2.66 billion from NT$2.37 billion.

The company said reported net income declined 8.9% on an annual basis to NT$291.2 million, or NT$3.72 per share, in the full year, from NT$319.6 million, or NT$4.25 per share.

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