Helbor Empreendimentos S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Helbor Empreendimentos S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 0.743 million compared to BRL 0.08 million a year ago. Revenue was BRL 266.84 million compared to BRL 283.51 million a year ago. Net income was BRL 10.12 million compared to BRL 22.01 million a year ago. Basic earnings per share from continuing operations was BRL 0.07624 compared to BRL 0.16589 a year ago. Diluted earnings per share from continuing operations was BRL 0.07624 compared to BRL 0.16589 a year ago.
For the nine months, sales was BRL 1.24 million compared to BRL 3.55 million a year ago. Revenue was BRL 691.46 million compared to BRL 791.74 million a year ago. Net income was BRL 32.73 million compared to BRL 79.84 million a year ago. Basic earnings per share from continuing operations was BRL 0.24669 compared to BRL 0.6017 a year ago. Diluted earnings per share from continuing operations was BRL 0.24669 compared to BRL 0.6017 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. 
