City Sports and Recreation Public Company Ltd said its first-quarter normalized net income was 93 satang per share, an increase of 26.9% from 73 satang per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 18.9 million baht, an increase of 26.5% from 15.0 million baht in the prior-year period.
The normalized profit margin climbed to 40.2% from 35.8% in the year-earlier period.
Total revenue climbed 9.6% on an annual basis to 45.8 million baht from 41.8 million baht, and total operating expenses declined year over year to 22.0 million baht from 22.8 million baht.
Reported net income increased 25.4% year over year to 24.9 million baht, or 1.22 baht per share, from 19.9 million baht, or 97 satang per share.
As of May 12, US$1 was equivalent to 33.74 baht.
