Corrêa Ribeiro S.A. Comércio e Indústria reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was BRL 0.433 million compared to BRL 0.488 million a year ago. Revenue was BRL 2.26 million compared to BRL 0.903 million a year ago.

Net income was BRL 9.24 million compared to net loss of BRL 1.94 million a year ago. Basic earnings per share from continuing operations was BRL 398.91 compared to basic loss per share from continuing operations of BRL 83.92 a year ago.