Lupatech S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 21.39 million compared to BRL 30.11 million a year ago. Net loss was BRL 10.08 million compared to net income of BRL 14.92 million a year ago.

Basic loss per share from continuing operations was BRL 0.32474 compared to basic earnings per share from continuing operations of BRL 0.51063 a year ago. Diluted loss per share from continuing operations was BRL 0.32474 compared to diluted earnings per share from continuing operations of BRL 0.51063 a year ago.