Helbor Empreendimentos S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
March 16, 2021 at 09:23 pm EDT
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Helbor Empreendimentos S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was BRL 973.821 million compared to BRL 1,290.899 million a year ago. Net income was BRL 26.518 million compared to net loss of BRL 104.194 million a year ago.
Helbor Empreendimentos SA, formerly Helbor Empreendimentos Imobiliarios Ltda, is a Brazil-based company involved in the real estate sector. The Company is principally engaged in the development, acquisition, sale and management of residential and commercial real estate properties. The Company is presented in the domestic market in around ten states and the Federal District, covering approximately 31 Brazilian cities. The Company operates through a numerous subsidiaries, including SCP Helbor Resort Reserva do Mar, SCP Helbor Tendence, SCP Howa, SCP Coral Gables, SPE Capital Federal Investimentos Imobiliarios Ltda, SCP Edificio Helbor Home Flex Gonzaga and SCP Helbor Reserva do Itapety, among others.