T4f Entretenimento S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 06:26 pm EDT
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T4F Entretenimento S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was BRL 1.568 million compared to BRL 2.647 million a year ago. Operating loss was BRL 13.292 million compared to BRL 20.902 million a year ago. Net loss was BRL 14.238 million compared to BRL 25.476 million a year ago. For the half year, sales was BRL 4.257 million compared to BRL 35.140 million a year ago. Operating loss was BRL 23.334 million compared to BRL 31.332 million a year ago. Net loss was BRL 25.303 million compared to BRL 39.273 million 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. 
