Cia de Ferro Ligas da Bahia S.A. - FERBASA reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was BRL 3,139.02 million compared to BRL 2,389.48 million a year ago. Net income was BRL 1,062.28 million compared to BRL 642.88 million a year ago.

Basic earnings per share from continuing operations was BRL 11.716 compared to BRL 7.091 a year ago. Diluted earnings per share from continuing operations was BRL 12.888 compared to BRL 7.8 a year ago.