Helbor Empreendimentos S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 07:44 pm EDT
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Helbor Empreendimentos S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 4.15 million compared to BRL 0.255 million a year ago. Revenue was BRL 334.24 million compared to BRL 214.07 million a year ago. Net income was BRL 7.07 million compared to BRL 11.77 million a year ago. Basic earnings per share from continuing operations was BRL 0.0533 compared to BRL 0.08873 a year ago. Diluted earnings per share from continuing operations was BRL 0.0533 compared to BRL 0.08873 a year ago.
For the six months, sales was BRL 5.35 million compared to BRL 0.492 million a year ago. Revenue was BRL 604.49 million compared to BRL 424.61 million a year ago. Net income was BRL 13.65 million compared to BRL 22.62 million a year ago. Basic earnings per share from continuing operations was BRL 0.10283 compared to BRL 0.17044 a year ago. Diluted earnings per share from continuing operations was BRL 0.10283 compared to BRL 0.17044 a year ago.
Helbor Empreendimentos SA, formerly Helbor Empreendimentos Imobiliarios Ltda, is a Brazil-based company involved in the real estate sector. The Company is principally engaged in the development, acquisition, sale and management of residential and commercial real estate properties. The Company is presented in the domestic market in around ten states and the Federal District, covering approximately 31 Brazilian cities. The Company operates through a numerous subsidiaries, including SCP Helbor Resort Reserva do Mar, SCP Helbor Tendence, SCP Howa, SCP Coral Gables, SPE Capital Federal Investimentos Imobiliarios Ltda, SCP Edificio Helbor Home Flex Gonzaga and SCP Helbor Reserva do Itapety, among others.
HELBOR EMPREENDIMENTOS S.A. 
