Lps Brasil - Consultoria De Imóveis S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 11:03 pm EDT
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LPS Brasil - Consultoria de Imóveis S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was BRL 32.966 million compared to BRL 38.884 million a year ago. Operating income was BRL 1.678 million compared to operating loss of BRL 2.580 million a year ago. Net loss was BRL 10.113 million compared to BRL 1.878 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.