Berjaya Food Bhd. said its normalized net income for the fiscal first quarter ended July 31 was 2 Malaysian sen per share, compared with the S&P Capital IQ consensus estimate of 2 sen per share.

EPS increased 22.1% year over year from 1 sen.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 6.2 million ringgits, an increase of 32.4% from 4.7 million ringgits in the year-earlier period.

The normalized profit margin fell to 4.7% from 11.8% in the year-earlier period.

Total revenue increased on an annual basis to 132.4 million ringgits from 39.6 million ringgits, and total operating expenses rose from the prior-year period to 120.5 million ringgits from 38.6 million ringgits.

Reported net income increased year over year to 6.1 million ringgits, or 2 sen per share, from 6.0 million ringgits, or 2 sen per share.

As of Sept. 11, US$1 was equivalent to 4.29 ringgits.