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After You PCL Q2 profit climbs YOY

After You Public Company Ltd said its normalized net income for the second quarter was 3 satang per share, an increase 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 20.3 million baht, a gain from 8.1 million baht in the prior-year period.

The normalized profit margin rose to 13.4% from 8.8% in the year-earlier period.

Total revenue climbed 65.1% on an annual basis to 151.3 million baht from 91.7 million baht, and total operating expenses increased 51.1% from the prior-year period to 116.8 million baht from 77.3 million baht.

Reported net income grew from the prior-year period to 26.1 million baht, or 4 satang per share, from 10.2 million baht, or 2 satang per share.

As of Sept. 21, US$1 was equivalent to 34.71 baht.