Mills Locação, Serviços e Logística S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 07:12 pm EST
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Mills Locação, Serviços e Logística 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 282.31 million compared to BRL 192.95 million a year ago. Net income was BRL 64.92 million compared to BRL 31.49 million a year ago. Basic earnings per share from continuing operations was BRL 0.31 compared to BRL 0.15 a year ago. Diluted earnings per share from continuing operations was BRL 0.31 compared to BRL 0.15 a year ago.
For the nine months, sales was BRL 765.03 million compared to BRL 518.95 million a year ago. Net income was BRL 168.91 million compared to BRL 58.8 million a year ago. Basic earnings per share from continuing operations was BRL 0.81 compared to BRL 0.28 a year ago. Diluted earnings per share from continuing operations was BRL 0.81 compared to BRL 0.28 a year ago.
Mills Estruturas e Servicos de Engenharia SA is a Brazil-based company primarily engaged in the commercial equipment rental. The Company's activities are divided into two business units: Construction and Rental. The Construction division operates in the heavy construction market and offers construction works and services, including formworks and props, as well as access to non-mechanized equipment, mast climbing platforms and scaffolds for the residential and office building construction sector. The Rental division provides leasing and sale of scissor lifts and telescope handlers for construction, trade and manufacturing markets, among others. The Company operates numerous branches across Brazil.
MILLS LOCAÇÃO, SERVIÇOS E LOGÍSTICA S.A. 
