Electro Aço Altona S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 130.31 million compared to BRL 87.18 million a year ago. Net income was BRL 12.66 million compared to BRL 5.52 million a year ago. Basic earnings per share from continuing operations was BRL 0.56 compared to BRL 0.25 a year ago.
For the six months, sales was BRL 252.13 million compared to BRL 160.15 million a year ago. Net income was BRL 23.49 million compared to BRL 11.27 million a year ago. Basic earnings per share from continuing operations was BRL 1.04 compared to BRL 0.5 a year ago.