Melnick Desenvolvimento Imobiliário S.A. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 384.42 million compared to BRL 211.24 million a year ago. Net income was BRL 47.37 million compared to BRL 9.61 million a year ago.

Basic earnings per share from continuing operations was BRL 0.23 compared to BRL 0.05 a year ago.