Padtec Holding S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 72.76 million compared to BRL 66.28 million a year ago. Net loss was BRL 4.48 million compared to net income of BRL 11.72 million a year ago. Basic loss per share from continuing operations was BRL 0.0571 compared to BRL 0.0132 a year ago. Diluted loss per share from continuing operations was BRL 0.0571 compared to BRL 0.0132 a year ago. Basic loss per share was BRL 0.0571 compared to basic earnings per share of BRL 0.1494 a year ago. Diluted loss per share was BRL 0.0571 compared to diluted earnings per share of BRL 0.1494 a year ago.