Dexco S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 08, 2023 at 05:53 pm EST
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Dexco S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was BRL 1,980.44 million compared to BRL 2,250.84 million a year ago. Net income was BRL 217.87 million compared to BRL 581.05 million a year ago. Earnings per share was BRL 0.2761 compared to BRL 0.8258 a year ago.
For the full year, the company reported sales was BRL 8,486.65 million compared to BRL 8,170.24 million a year ago. Net income was BRL 764.92 million compared to BRL 1,725.68 million a year ago. Earnings per share was BRL 1.0178 compared to BRL 2.4903 a year ago.
Dexco SA, formerly known as Duratex SA, is a Brazil-based company primarily engaged in the manufacture of wood panels. The Company operates in three business segments: Wood, Deca and Ceramic Tiles. The Wood division is responsible for the production of hardboard; medium density particle (MDP) panels; medium, high and super density fiberboard (MDF, HDF and SDF) panels; laminate flooring, named Durafloor, and components for the furniture industry. The Deca division focuses on the production of sanitary ceramic and metal products under Deca and Hydra brand names. The Ceramic Tiles division produces polished porcelain tiles, special coatings and other tiles under Ceusa and Portinari brand names. The Company operates industrial plants and commercial branches in Brazil, Colombia, Peru and the United States, among others.
DEXCO S.A. 
