JHSF Participações S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 06:10 am EST
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JHSF Participações S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 196.73 million compared to BRL 145.04 million a year ago. Revenue was BRL 520.75 million compared to BRL 476.38 million a year ago. Net income was BRL 147.16 million compared to BRL 213.97 million a year ago.
For the nine months, sales was BRL 539.9 million compared to BRL 332.42 million a year ago. Revenue was BRL 1,496.68 million compared to BRL 1,524.16 million a year ago. Net income was BRL 539.18 million compared to BRL 736.55 million 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.
JHSF PARTICIPAÇÕES S.A. 
