MAHLE Metal Leve S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 10, 2023 at 05:33 pm EDT
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MAHLE Metal Leve S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 1,022.2 million compared to BRL 890 million a year ago. Net income was BRL 186 million compared to BRL 123 million a year ago.
Basic earnings per share from continuing operations was BRL 1.45024 compared to BRL 0.95908 a year ago.
Mahle Metal Leve SA is a Brazil-based company primarily engaged in the automotive engine parts manufacture. The Companyâs activities are divided into two business segments: Engine components and Filter. The Engine components division produces parts for internal combustion engines and automotive vehicles, such as rings, sensors, rockers, rods, crank arms, bushes, cylinder sleeves, bearing covers, rocker assemblies, crowns, injectors, synchromesh hubs, universal joints, shafts, gears, guides and valve seats, pistons, water and oil pump impellers, gudgeon pins and pulleys. The Filters division manufactures various types of filters, such as fuel, air, oil, cabin and press, used in vehicles, as well as applied in industry, automobile service stations, passenger and cargo transport, earthworks, fishing terminals and farms. The Company is indirectly controlled by Mahle Industriebeteiligungen GmbH.
MAHLE METAL LEVE S.A. 
