LPS Brasil - Consultoria de Imóveis S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 30, 2022 at 02:42 pm EDT
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LPS Brasil - Consultoria de Imóveis S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 49.29 million compared to BRL 59.27 million a year ago. Net income was BRL 13.4 million compared to BRL 2.57 million a year ago. Basic earnings per share from continuing operations was BRL 0.09758 compared to BRL 0.0174 a year ago. Diluted earnings per share from continuing operations was BRL 0.09758 compared to BRL 0.0174 a year ago.
For the six months, sales was BRL 93 million compared to BRL 109.18 million a year ago. Net income was BRL 15.71 million compared to BRL 6.03 million a year ago. Basic earnings per share from continuing operations was BRL 0.1144 compared to BRL 0.04083 a year ago. Diluted earnings per share from continuing operations was BRL 0.1144 compared to BRL 0.04083 a year ago.
LPS Brasil - Consultoria de Imoveis SA (LPS Brasil) is a Brazil-based company engaged in the provision of real estate services. The Companyâs main activities include intermediation services in purchase and sale of real estate properties, real estate consultancy and technical advice. The Company is also involved in the operation and promotion of financial products and services in the real estate market. LPS Brasil divides its business into three sectors: Primary Market, engaged in the sale of new properties; Secondary Market, active in the resale of real estate, and Financing Promotion, involved in the promotion and provision of financial products and services related to the real estate brokerage. As of December 31, 2011, its subsidiaries included LPS Minas Gerais Consultoria de Imoveis Ltda, LPS Eduardo, EBC - Solucoes Imobiliarias Ltda, Habitcasa Consultoria de Imoveis Ltda, and Pronto Erwin Maack Consultoria de Imoveis SA, among others.