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Big Camera Corp. Q3 profit climbs YOY

Big Camera Corp. PCL said its third-quarter normalized net income came to 91.7 million baht, a gain from 24.6 million baht in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 7.8% from 3.1% in the year-earlier period.

Total revenue rose 48.3% on an annual basis to 1.18 billion baht from 796.3 million baht, and total operating expenses rose 37.2% from the prior-year period to 1.03 billion baht from 750.5 million baht.

Reported net income grew from the prior-year period to 116.9 million baht, or 3 satang per share, from 30.9 million baht, or 1 satang per share.

As of Nov. 11, US$1 was equivalent to 35.84 baht.