RNI Negócios Imobiliários S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 07:19 pm EDT
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RNI Negócios Imobiliários S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 142.63 million compared to BRL 187.02 million a year ago. Net loss was BRL 17.64 million compared to net income of BRL 6.02 million a year ago. Basic loss per share from continuing operations was BRL 0.41791 compared to basic earnings per share from continuing operations of BRL 0.14267 a year ago.
For the six months, sales was BRL 274.64 million compared to BRL 320.22 million a year ago. Net loss was BRL 16.86 million compared to net income of BRL 7.97 million a year ago. Basic loss per share from continuing operations was BRL 0.39947 compared to basic earnings per share from continuing operations of BRL 0.18885 a year ago.
RNI Negocios Imobiliarios SA, formerly Rodobens Negocios Imobiliarios SA, is a Brazil-based company engaged in the real sector. The Company is active in the purchase and sale of real estate properties; subdivision of land; development and construction of real estate properties; provision of services to third parties, and management of own or third party mortgage receivables portfolio. The Company has a number of subsidiaries, including Moradas Rodobens Incorporadora Imobiliaria - Lages III - SPE Ltda, Rodobens Incorporadora Imobiliaria 318 - SPE Ltda, Rodobens Moradas Incorporadora Imobiliaria - Pacatuba I - SPE Ltda, Sistema Facil Campinas I SPE Ltda, Sistema Facil Tambore 8 Villaggio SPE Ltda and Terra Nova Residence XVIII - SPE Ltda.
RNI NEGÓCIOS IMOBILIÁRIOS S.A. 
