Karsten S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 137.32 million compared to BRL 102.07 million a year ago. Net loss was BRL 17.39 million compared to net income of BRL 9.02 million a year ago. Basic loss per share from continuing operations was BRL 2.8 compared to basic earnings per share from continuing operations of BRL 1.45 a year ago. Diluted loss per share from continuing operations was BRL 2.8 compared to diluted earnings per share from continuing operations of BRL 1.45 a year ago.