MAHLE Metal Leve S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 07:16 pm EDT
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MAHLE Metal Leve S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 192.96 million compared to BRL 114.79 million a year ago. Basic earnings per share from continuing operations was BRL 1.50389 compared to BRL 0.89461 a year ago. Diluted earnings per share from continuing operations was BRL 1.50389 compared to BRL 0.89461 a year ago.
For the six months, net income was BRL 379.04 million compared to BRL 237.84 million a year ago. Basic earnings per share from continuing operations was BRL 2.95413 compared to BRL 1.85369 a year ago. Diluted earnings per share from continuing operations was BRL 2.95413 compared to BRL 1.85369 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. 
