Irani Papel e Embalagem 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 394.47 million compared to BRL 428.91 million a year ago. Net income was BRL 228.75 million compared to BRL 84.61 million a year ago. Basic earnings per share from continuing operations was BRL 0.9477 compared to BRL 0.3398 a year ago.
For the six months, sales was BRL 801.35 million compared to BRL 836.85 million a year ago. Net income was BRL 311.7 million compared to BRL 196.76 million a year ago. Basic earnings per share from continuing operations was BRL 1.2842 compared to BRL 0.7872 a year ago.