President Chain Store Corp. said its normalized net income for the first quarter came to NT$1.46 per share, compared with the S&P Capital IQ consensus estimate of NT$1.98 per share.
EPS climbed 8.3% year over year from NT$1.35.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$1.53 billion, a gain of 8.3% from NT$1.41 billion in the year-earlier period.
The normalized profit margin climbed to 3.2% from 2.9% in the year-earlier period.
Total revenue totaled NT$48.25 billion, compared with NT$48.11 billion in the year-earlier period, and total operating expenses came to NT$45.99 billion, compared with NT$46.01 billion in the year-earlier period.
Reported net income declined 29.1% year over year to NT$2.11 billion, or NT$2.02 per share, from NT$2.97 billion, or NT$2.85 per share.
As of May 13, US$1 was equivalent to NT$30.62.
