Afya Limited Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 26, 2021 at 07:51 pm EDT
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Afya Limited announced earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported net revenue was BRL 372,374,000 against BRL 274,211,000 a year ago. Operating income was BRL 92,844,000 against BRL 76,800,000 a year ago. Net income was BRL 21,945,000 against BRL 63,886,000 a year ago. Basic earnings per share was BRL 0.18 against BRL 0.65 a year ago. Basic earnings per share was BRL 0.18 against BRL 0.65 a year ago.
For the six months, the company reported net revenue was BRL 766,725,000 against BRL 546,515,000 a year ago. Operating income was BRL 231,484,000 against BRL 173,071,000 a year ago. Net income was BRL 135,293,000 against BRL 167,556,000 a year ago. Basic earnings per share was BRL 1.34 against BRL 1.74 a year ago. Basic earnings per share was BRL 1.33 against BRL 1.73 a year ago.
Afya Ltd is a Brazil-based company engaged in the education sector. The Company is mainly focused on operating medical schools, offering health sciences courses, which comprise medicine, dentistry, nursing, radiology, psychology, pharmacy, physical education, physiotherapy, nutrition and biomedicine. In addition, the Firm provides degree programs and courses in other subjects and disciplines, including undergraduate and post graduate courses in business administration, accounting, law, civil engineering, industrial engineering and pedagogy. The Company's methodological approach combines integrated content, interactive learning, and an adaptive experience for learners. Through its educational content and technology-enabled activities, the Company focuses on personalized learning that mirrors one-on-one tutoring. The Company's undergraduate and graduate campuses are spread across Brazil, as well as its digital medical platform.
AFYA LIMITED 
