São Carlos Empreendimentos e Participações S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 56.32 million compared to BRL 65.04 million a year ago. Revenue was BRL 211.49 million compared to BRL 65.04 million a year ago.

Net income was BRL 15.12 million compared to net loss of BRL 20.27 million a year ago.