Armac Locação, Logística e Serviços S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 318.71 million compared to BRL 215.79 million a year ago. Revenue was BRL 291.49 million compared to BRL 195.42 million a year ago.

Net income was BRL 26.22 million compared to BRL 27.97 million a year ago. Basic earnings per share from continuing operations was BRL 0.08 compared to BRL 0.08 a year ago. Diluted earnings per share from continuing operations was BRL 0.08 compared to BRL 0.08 a year ago.