HBR Realty Empreendimentos Imobiliários S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 32.67 million compared to BRL 35.81 million a year ago. Revenue was BRL 36.98 million compared to BRL 34.13 million a year ago.

Net loss was BRL 1.5 million compared to BRL 5.52 million a year ago. Basic loss per share from continuing operations was BRL 0.01458 compared to BRL 0.05346 a year ago. Diluted loss per share from continuing operations was BRL 0.01458 compared to BRL 0.05346 a year ago.