Helbor Empreendimentos S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 07:26 pm EDT
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Helbor Empreendimentos S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 0.237 million compared to BRL 2.16 million a year ago. Revenue was BRL 210.55 million compared to BRL 240.13 million a year ago. Net income was BRL 10.84 million compared to BRL 27.33 million a year ago. Basic earnings per share from continuing operations was BRL 0.08171 compared to BRL 0.20599 a year ago. Diluted earnings per share from continuing operations was BRL 0.08171 compared to BRL 0.20599 a year ago.
Helbor Empreendimentos SA, formerly Helbor Empreendimentos Imobiliarios Ltda, is a Brazil-based company involved in the real estate sector. The Company is principally engaged in the development, acquisition, sale and management of residential and commercial real estate properties. The Company is presented in the domestic market in around ten states and the Federal District, covering approximately 31 Brazilian cities. The Company operates through a numerous subsidiaries, including SCP Helbor Resort Reserva do Mar, SCP Helbor Tendence, SCP Howa, SCP Coral Gables, SPE Capital Federal Investimentos Imobiliarios Ltda, SCP Edificio Helbor Home Flex Gonzaga and SCP Helbor Reserva do Itapety, among others.
HELBOR EMPREENDIMENTOS S.A. 
