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Cat Loi fiscal Q4 profit climbs YOY

Cat Loi JSC said its normalized net income for the fiscal fourth quarter ended Jan. 1 came to 1,163.61 dong per share, an increase from 447.29 dong per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 22.87 billion dong, an increase from 8.79 billion dong in the prior-year period.

The normalized profit margin increased to 4.4% from 2.1% in the year-earlier period.

Total revenue rose 23.6% year over year to 517.70 billion dong from 418.79 billion dong, and total operating expenses increased 19.2% year over year to 471.93 billion dong from 395.93 billion dong.

Reported net income increased year over year to 30.10 billion dong, or 1,531.33 dong per share, from 9.71 billion dong, or 493.89 dong per share.

For the year, the company's normalized net income totaled 3,848.27 dong per share, an increase of 42.6% from 2,699.08 dong per share in the prior year.

Normalized net income was 75.64 billion dong, a rise of 42.6% from 53.05 billion dong in the prior year.

Full-year total revenue increased 19.7% year over year to 1.763 trillion dong from 1.472 trillion dong, and total operating expenses increased 17.9% year over year to 1.605 trillion dong from 1.362 trillion dong.

The company said reported net income grew 58.3% year over year to 101.65 billion dong, or 5,171.33 dong per share, in the full year, from 64.20 billion dong, or 3,266.00 dong per share.

As of March 25, US$1 was equivalent to 22,326 dong.