Fiyta Holdings Ltd. said its normalized net income for the first quarter came to 9 fen per share, an increase from 9 fen per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 35.2 million yuan, a gain from 34.1 million yuan in the prior-year period.
The normalized profit margin dropped to 4.0% from 4.1% in the year-earlier period.
Total revenue climbed 8.8% year over year to 894.1 million yuan from 821.6 million yuan, and total operating expenses increased 9.4% on an annual basis to 811.6 million yuan from 742.1 million yuan.
Reported net income rose year over year to 45.0 million yuan, or 11 fen per share, from 44.2 million yuan, or 11 fen per share.
As of April 17, US$1 was equivalent to 6.20 yuan.
