GFPT Public Company Ltd said its fourth-quarter normalized net income came to 28 satang per share, compared with the S&P Capital IQ consensus estimate of 34 satang per share.
EPS climbed 28.7% year over year from 22 satang.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 354.0 million baht, an increase of 28.7% from 275.0 million baht in the prior-year period.
The normalized profit margin rose to 7.9% from 6.3% in the year-earlier period.
Total revenue grew year over year to 4.48 billion baht from 4.34 billion baht, and total operating expenses came to 4.05 billion baht, compared with 4.04 billion baht in the year-earlier period.
Reported net income rose 9.3% from the prior-year period to 492.4 million baht, or 39 satang per share, from 450.6 million baht, or 36 satang per share.
For the year, the company's normalized net income totaled 92 satang per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 1.22 baht.
EPS rose 58.2% from 58 satang in the prior year.
Normalized net income was 1.15 billion baht, a rise of 58.2% from 727.2 million baht in the prior year.
Full-year total revenue increased year over year to 16.69 billion baht from 16.47 billion baht, and total operating expenses fell year over year to 15.43 billion baht from 15.63 billion baht.
The company said reported net income grew 37.6% on an annual basis to 1.64 billion baht, or 1.31 baht per share, in the full year, from 1.19 billion baht, or 95 satang per share.
As of Feb. 22, US$1 was equivalent to 35.02 baht.