Lavvi Empreendimentos Imobiliários 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 128.81 million compared to BRL 149.33 million a year ago. Net income was BRL 27.62 million compared to BRL 45.63 million a year ago. Basic earnings per share from continuing operations was BRL 0.1383 compared to BRL 0.2143 a year ago. Diluted earnings per share from continuing operations was BRL 0.1383 compared to BRL 0.2143 a year ago.
For the nine months, sales was BRL 408.08 million compared to BRL 500.02 million a year ago. Net income was BRL 82.42 million compared to BRL 153.23 million a year ago. Basic earnings per share from continuing operations was BRL 0.4127 compared to BRL 0.7195 a year ago. Diluted earnings per share from continuing operations was BRL 0.4127 compared to BRL 0.7195 a year ago.