General Shopping e Outlets do Brasil S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 18.14 million compared to BRL 18.74 million a year ago. Revenue was BRL 39.96 million compared to BRL 39.19 million a year ago. Net income was BRL 60.3 million compared to net loss of BRL 177.2 million a year ago. Basic earnings per share from continuing operations was BRL 32.15 compared to basic loss per share from continuing operations of BRL 94.49 a year ago.
For the six months, sales was BRL 35.4 million compared to BRL 37.37 million a year ago. Revenue was BRL 77.19 million compared to BRL 77.1 million a year ago. Net income was BRL 55.03 million compared to net loss of BRL 13.15 million a year ago. Basic earnings per share from continuing operations was BRL 29.35 compared to basic loss per share from continuing operations of BRL 7.01 a year ago.