IGB Eletronica S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 2.09 million compared to BRL 1.52 million a year ago. Net income was BRL 415.16 million compared to net loss of BRL 16.16 million a year ago. Basic earnings per share from continuing operations was BRL 331.9635 compared to basic loss per share from continuing operations of BRL 12.924 a year ago.
For the nine months, sales was BRL 6.15 million compared to BRL 4.38 million a year ago. Net income was BRL 391.76 million compared to net loss of BRL 53.6 million a year ago. Basic earnings per share from continuing operations was BRL 313.2861.