Light 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 3,495.32 million compared to BRL 3,464.69 million a year ago. Net loss was BRL 10.92 million compared to net income of BRL 7.88 million a year ago. Basic loss per share from continuing operations was BRL 0.03 compared to basic earnings per share from continuing operations of BRL 0.02 a year ago. Diluted loss per share from continuing operations was BRL 0.03 compared to diluted earnings per share from continuing operations of BRL 0.02 a year ago.
For the nine months, sales was BRL 10,455.69 million compared to BRL 10,418.64 million a year ago. Net income was BRL 205.61 million compared to net loss of BRL 178.19 million a year ago. Basic earnings per share from continuing operations was BRL 0.55 compared to basic loss per share from continuing operations of BRL 0.48 a year ago. Diluted earnings per share from continuing operations was BRL 0.55.