Zamp S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Zamp S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 934.69 million compared to BRL 883.29 million a year ago. Net loss was BRL 63.5 million compared to BRL 31.63 million a year ago. Basic loss per share from continuing operations was BRL 0.2319 compared to BRL 0.1155 a year ago. Diluted loss per share from continuing operations was BRL 0.2319 compared to BRL 0.1155 a year ago.
For the six months, sales was BRL 1,819.89 million compared to BRL 1,684.49 million a year ago. Net loss was BRL 118.67 million compared to BRL 63 million a year ago. Basic loss per share from continuing operations was BRL 0.4334. Diluted loss per share from continuing operations was BRL 0.4334.
Zamp SA, formerly BK Brasil Operacao e Assessoria a Restaurantes SA is a Brazil-based restaurant operator with a brand portfolio that delivers food indulgence and diversity. The Company operates such brands as Burger King and Popeyes. Its commercial activity consists on importing and exporting products related to the main operating activity of the Burger King and Popeyes restaurants. The Companyâs offering includes food and beverages from Burger King menu, such as cheeseburgers, burgers with different flavors and premium offerings, such as the Mega Stacker family and the Dulce de Leche, onion rings, hot dogs, French and chicken fries, salads, soft drinks, juices, coffee, milkshakes, as well as cakes and ice creams.