Jalles Machado S/A reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net income was BRL 450.74 million compared to BRL 169.48 million a year ago. Basic earnings per share from continuing operations was BRL 1.5333 compared to BRL 0.5751 a year ago.
For the nine months, net income was BRL 748.28 million compared to BRL 274.92 million a year ago. Basic earnings per share from continuing operations was BRL 2.545 compared to BRL 0.9329 a year ago.