Construtora Tenda S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 573.18 million compared to BRL 721.16 million a year ago. Net loss was BRL 210.41 million compared to net income of BRL 6.43 million a year ago. Basic loss per share from continuing operations was BRL 2.1784 compared to basic earnings per share from continuing operations of BRL 0.0668 a year ago.
For the nine months, sales was BRL 1,781.49 million compared to BRL 2,022.71 million a year ago. Net loss was BRL 392.19 million compared to net income of BRL 77.07 million a year ago. Basic loss per share from continuing operations was BRL 4.0603 compared to basic earnings per share from continuing operations of BRL 0.8005 a year ago.