International Meal Company Alimentação S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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International Meal Company Alimentação S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was BRL 4.77 million compared to net income of BRL 18.03 million a year ago. Basic loss per share from continuing operations was BRL 0.01671 compared to basic earnings per share from continuing operations of BRL 0.0738 a year ago. Diluted loss per share from continuing operations was BRL 0.01671 compared to diluted earnings per share from continuing operations of BRL 0.0738 a year ago.
For the six months, net loss was BRL 45.5 million compared to BRL 34.3 million a year ago. Basic loss per share from continuing operations was BRL 0.15941 compared to BRL 0.11977 a year ago. Diluted loss per share from continuing operations was BRL 0.15941 compared to BRL 0.11977 a year ago.
International Meal Company Alimentacao SA, formerly known as RA Catering Ltda, is a Brazil-based company engaged in fast-food restaurant sector. The Company is active in the operation of restaurants, bars and cafes on motorways, airports, and shopping malls. The Company also provides catering services for airlines. It has operations in Latin America. The Company operates shops in shopping centers under the brand names Viena, Viena Express, Grano, Viena K Express, Viena Cafe, V Cafe and Viena Snacks, on highways under the banner Frango Assado, and at airports under the brands Aeromeals, Black Coffee, Brunella and Bistrot Mosaico, among others.