After You Public Company Ltd said its normalized net income for the first quarter came to 3 satang per share, a gain from 1 satang per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 20.1 million baht, an increase from 7.7 million baht in the year-earlier period.

The normalized profit margin climbed to 14.5% from 9.0% in the year-earlier period.

Total revenue grew 63.5% on an annual basis to 138.8 million baht from 84.9 million baht, and total operating expenses increased 47.0% from the prior-year period to 105.5 million baht from 71.7 million baht.

Reported net income increased on an annual basis to 26.1 million baht, or 4 satang per share, from 9.8 million baht, or 2 satang per share.

As of June 17, US$1 was equivalent to 35.24 baht.