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Dadi Early-Childhood Education Q3 profit climbs 39.0% YOY

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Dadi Early-Childhood Education Q3 profit climbs 39.0% YOY

Dadi Early-Childhood Education Group Ltd. said its normalized net income for the third quarter was NT$2.22 per share, compared with the S&P Capital IQ consensus estimate of NT$2.59 per share.

EPS climbed 22.9% year over year from NT$1.81.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$74.0 million, an increase of 39.0% from NT$53.3 million in the year-earlier period.

The normalized profit margin rose to 37.3% from 35.7% in the year-earlier period.

Total revenue climbed 33.0% on an annual basis to NT$198.3 million from NT$149.1 million, and total operating expenses climbed 30.0% on an annual basis to NT$90.8 million from NT$69.9 million.

Reported net income grew 31.2% on an annual basis to NT$85.6 million, or NT$2.57 per share, from NT$65.3 million, or NT$2.22 per share.

As of Nov. 16, US$1 was equivalent to NT$32.83.