Gafisa S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 17, 2021 at 09:05 am EDT
Gafisa S.A. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was BRL 579.910 million compared to BRL 116.173 million a year ago. Operating income was BRL 67.484 million compared to BRL 27.674 million a year ago. Net income was BRL 28.979 million compared to BRL 47.004 million a year ago. For the full year, sales was BRL 884.045 million compared to BRL 400.465 million a year ago. Operating income was BRL 3.603 million compared to BRL 10.246 million a year ago. Net loss was BRL 76.521 million compared to BRL 13.742 million a year ago.