T4F Entretenimento S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023
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T4F Entretenimento S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 16.12 million compared to BRL 8.34 million a year ago. Basic earnings per share from continuing operations was BRL 0.23908 compared to BRL 0.1237 a year ago. Diluted earnings per share from continuing operations was BRL 0.23908 compared to BRL 0.1237 a year ago.
For the six months, net income was BRL 27.9 million compared to BRL 14.6 million a year ago. Basic earnings per share from continuing operations was BRL 0.41393 compared to BRL 0.21661 a year ago. Diluted earnings per share from continuing operations was BRL 0.41393 compared to BRL 0.21661 a year ago.
T4F Entretenimento SA, formerly CIE Brasil SA, is a Brazil-based public company which engages in the Live Entertainment Sector. The Company is active in the administration, promotion, organization, production, agency, programming and implementation of activities related to live entertainment, such as sports, arts, culture, concerts and shows, as well as in the administration and operation of venues, such as theaters, gymnasiums and stadiums. The Company operates different levels of live entertainment value chain, including: venue operation; ticketing; food, beverage and merchandise sales; and corporate sponsorships. Nowadays, the Company operates Teatro Opera Orbis Seguros, in Buenos Aires, and Teatro Renault, in Sao Paulo.
T4F ENTRETENIMENTO S.A. 
