Direcional Engenharia S.A. announced consolidated earnings results for the first quarter of fiscal 2019. For the quarter, the company reported real estate sales Revenue was BRL 310,102,000 against BRL 176,190,000 a year ago. Services Revenue was BRL 54,467,000 against BRL 34,954,000 a year ago.
Gross Revenue was BRL 364,569,000 against BRL 211,144,000 a year ago. Operating net revenue was BRL 348,800,000 against BRL 192,155,000 a year ago. Operating loss was BRL 68,205,000 against BRL 49,927,000 a year ago. Net income for the period was BRL 20,414,000 against loss of BRL 8,093,000 a year ago.