João Fortes Engenharia S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 15.04 million compared to BRL 6.13 million a year ago. Net loss was BRL 43.04 million compared to BRL 25.74 million a year ago. Basic loss per share from continuing operations was BRL 2.0455 compared to BRL 1.2235 a year ago.
For the nine months, sales was BRL 77.19 million compared to BRL 0.018 million a year ago. Net loss was BRL 1.77 million compared to BRL 81.07 million a year ago.