Lps Brasil - Consultoria De Imóveis S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021 at 11:24 pm EDT
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LPS Brasil - Consultoria de Imóveis S.A. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was BRL 49.912 million compared to BRL 29.680 million a year ago. Operating income was BRL 13.898 million compared to BRL 799,000 a year ago. Net income was BRL 3.457 million compared to net loss of BRL 8.183 million 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.