RNI Negócios Imobiliários S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 06:45 pm EST
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RNI Negócios Imobiliários S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was BRL 40.76 million compared to net income of BRL 7.15 million a year ago. Basic loss per share from continuing operations was BRL 0.96581 compared to basic earnings per share from continuing operations of BRL 0.16944 a year ago.
For the nine months, net loss was BRL 57.62 million compared to net income of BRL 15.12 million a year ago. Basic loss per share from continuing operations was BRL 1.36531 compared to basic earnings per share from continuing operations of BRL 0.35829 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. 
