Unicasa Ind?stria de M?veis S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 04:01 pm EST
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Unicasa Ind?stria de M?veis S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 74.64 million compared to BRL 51.12 million a year ago. Revenue was BRL 60.62 million compared to BRL 40.97 million a year ago. Net income was BRL 7.27 million compared to BRL 5.15 million a year ago. Basic earnings per share from continuing operations was BRL 0.11 compared to BRL 0.08 a year ago.
For the nine months, sales was BRL 188.15 million compared to BRL 123.52 million a year ago. Revenue was BRL 151.14 million compared to BRL 97.52 million a year ago. Net income was BRL 16.3 million compared to BRL 5.32 million a year ago. Basic earnings per share from continuing operations was BRL 0.25 compared to BRL 0.08 a year ago.
Unicasa Industria de Moveis SA is a Brazil-based company engaged in the production and trade of furniture. The Company is active in the manufacture, sale, import and export of furniture made of wood, iron, steel and aluminum. It is primarily involved in the production of furniture made of medium density fiberboard (MDF) and medium density particleboard (MDP). Additionally, the Company sells accessories and decoration items. Its product portfolio include a range of furnishing solutions, including kitchens, bedrooms, closets, home theaters, laundries and toilets, as well as furniture equipment for offices and children rooms. The Company has a network of stores in Brazil and abroad, which sell its products under brand names Dell Anno, Favorita, New and Telasul Madeira. It operates an industrial park located in the city of Bento Goncalves, in the Brazilian state of Rio Grande do Sul.