LPS Brasil - Consultoria de Imóveis S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 06:31 pm EST
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LPS Brasil - Consultoria de Imóveis S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 17.79 million compared to BRL 0.426 million a year ago. Basic earnings per share from continuing operations was BRL 0.12955 compared to BRL 0.0031 a year ago. Diluted earnings per share from continuing operations was BRL 0.12955 compared to BRL 0.0031 a year ago.
For the nine months, net income was BRL 27.09 million compared to BRL 16.13 million a year ago. Basic earnings per share from continuing operations was BRL 0.19734 compared to BRL 0.1175 a year ago. Diluted earnings per share from continuing operations was BRL 0.19734 compared to BRL 0.1175 a year ago.
LPS Brasil - Consultoria de Imoveis SA (LPS Brasil) is a Brazil-based company engaged in the provision of real estate services. The Companyâs main activities include intermediation services in purchase and sale of real estate properties, real estate consultancy and technical advice. The Company is also involved in the operation and promotion of financial products and services in the real estate market. LPS Brasil divides its business into three sectors: Primary Market, engaged in the sale of new properties; Secondary Market, active in the resale of real estate, and Financing Promotion, involved in the promotion and provision of financial products and services related to the real estate brokerage. As of December 31, 2011, its subsidiaries included LPS Minas Gerais Consultoria de Imoveis Ltda, LPS Eduardo, EBC - Solucoes Imobiliarias Ltda, Habitcasa Consultoria de Imoveis Ltda, and Pronto Erwin Maack Consultoria de Imoveis SA, among others.