Gerdau S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 27, 2021 at 04:15 pm EDT
Gerdau S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 21,317.06 million compared to BRL 12,222.11 million a year ago. Net income was BRL 5,577.82 million compared to BRL 785.54 million a year ago.
For the nine months, sales was BRL 56,790.16 million compared to BRL 30,194.48 million a year ago. Net income was BRL 11,945.71 million compared to BRL 1,317.44 million a year ago.