JHSF Participações S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:30 pm EDT
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JHSF Participações S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 191.21 million compared to BRL 102.8 million a year ago. Revenue was BRL 514.45 million compared to BRL 662.45 million a year ago. Net income was BRL 222.28 million compared to BRL 326.77 million a year ago.
For the six months, sales was BRL 343.17 million compared to BRL 187.38 million a year ago. Revenue was BRL 975.93 million compared to BRL 1,047.79 million a year ago. Net income was BRL 392.02 million compared to BRL 522.58 million a year ago. Basic earnings per share from continuing operations was BRL 0.57.
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.
JHSF PARTICIPAÇÕES S.A. 
