MAHLE Metal Leve S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 03:09 am EST
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MAHLE Metal Leve S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 949.48 million compared to BRL 691.19 million a year ago. Net income was BRL 139.83 million compared to BRL 41.64 million a year ago. Basic earnings per share from continuing operations was BRL 1.0898 compared to BRL 0.32454 a year ago.
For the nine months, sales was BRL 2,673.56 million compared to BRL 1,625.89 million a year ago. Net income was BRL 436.08 million compared to BRL 23.66 million a year ago. Basic earnings per share from continuing operations was BRL 3.39866 compared to BRL 0.18439 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. 
