Mahle Metal Leve S.A. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 05:51 pm EDT
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Mahle Metal Leve S.A. reported consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, net sales revenue of BRL 573.8 million against BRL 623.2 million reported a year ago. Operating loss was BRL 95.4 million against BRL 71.2 million reported a year ago. Net income for the period was BRL 20.5 million against BRL 63.2 million reported a year ago. Basic and diluted earnings per share was BRL 0.16671 against BRL 0.49831 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. 
