Pou Chen Corp. said its normalized net income for the fourth quarter amounted to 75 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of NT$1.02 per share.

EPS increased year over year from 26 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$2.29 billion, a gain from NT$794.9 million in the year-earlier period.

The normalized profit margin increased to 3.3% from 1.1% in the year-earlier period.

Total revenue totaled NT$69.95 billion, compared with NT$70.63 billion in the prior-year period, and total operating expenses decreased year over year to NT$64.86 billion from NT$67.00 billion.

Reported net income rose year over year to NT$4.14 billion, or NT$1.36 per share, from NT$1.19 billion, or 39 cents per share.

For the year, the company's normalized net income totaled NT$2.22 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of NT$3.92.

EPS rose 11.9% from NT$1.98 in the prior year.

Normalized net income was NT$6.74 billion, an increase of 11.9% from NT$6.03 billion in the prior year.

Full-year total revenue increased year over year to NT$274.90 billion from NT$269.08 billion, and total operating expenses totaled NT$257.27 billion, compared with NT$256.73 billion in the prior-year period.

The company said reported net income rose 36.7% year over year to NT$13.04 billion, or NT$4.29 per share, in the full year, from NT$9.54 billion, or NT$3.14 per share.

As of March 28, US$1 was equivalent to NT$30.17.