HBR Realty Empreendimentos Imobiliários S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was BRL 38.05 million compared to BRL 29.92 million a year ago. Net income was BRL 72.11 million compared to BRL 188.68 million a year ago.

For the full year, the company reported sales was BRL 140.87 million compared to BRL 87.9 million a year ago. Net income was BRL 63.04 million compared to BRL 156.16 million a year ago. Basic earnings per share from continuing operations was BRL 0.61 compared to BRL 1.51 a year ago.