Anhui Xinhua Media Co. Ltd. said its first-quarter normalized net income came to 9 fen per share, a gain of 7.1% from 8 fen per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 157.9 million yuan, an increase of 7.1% from 147.5 million yuan in the year-earlier period.
The normalized profit margin increased to 11.0% from 10.8% in the year-earlier period.
Total revenue climbed 10.9% year over year to 1.52 billion yuan from 1.37 billion yuan, and total operating expenses rose 11.5% year over year to 1.29 billion yuan from 1.15 billion yuan.
Reported net income increased 9.0% year over year to 222.0 million yuan, or 12 fen per share, from 203.7 million yuan, or 11 fen per share.
As of April 28, US$1 was equivalent to 6.20 yuan.
