JHSF Participa?es S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 03, 2021
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JHSF Participa?es S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 73.32 million compared to BRL 32.68 million a year ago. Revenue was BRL 476.38 million compared to BRL 355.85 million a year ago. Net income was BRL 213.97 million compared to BRL 179.56 million a year ago.
For the nine months, sales was BRL 162.78 million compared to BRL 89.21 million a year ago. Revenue was BRL 1,524.16 million compared to BRL 775.99 million a year ago. Net income was BRL 736.55 million compared to BRL 460.79 million a year ago. Basic earnings per share from continuing operations was BRL 1.0697 compared to BRL 0.7043 a year ago. Diluted earnings per share from continuing operations was BRL 1.0662 compared to BRL 0.6968 a year ago.
JHSF Participacoes SA is a Brazil-based holding company engaged in the real estate industry. The Companyâs activities are divided into four business segments: Real Estate Development, involved in in the development, construction, purchase and sale, as well as lease of residential and commercial properties; Recurring Income, focused on development, administration and operation of shopping centers; Hospitality and Gastronomy, engaged in the operation of hotels, restaurants and bars; and Executive Airport, involved in the operation of Sao Paulo Catarina Executive Airport. The Company operates through a number of subsidiaries, including JHSF Incorporacoes Ltda, Polonia Incorporacoes Ltda, Boa Vista de Desenvolvimento Imobiliario e Servicos de Concierge Ltda and Aveiro Incorporacoes Ltda, among others.