Iochpe-Maxion S.A. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was BRL 14,955.22 million compared to BRL 16,947.87 million a year ago. Net income was BRL 30.73 million compared to BRL 278.93 million a year ago.

Basic earnings per share from continuing operations was BRL 0.20415 compared to BRL 1.83996 a year ago. Diluted earnings per share from continuing operations was BRL 0.20415 compared to BRL 1.83996 a year ago.