Mahle Metal Leve S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
August 12, 2021 at 05:20 pm EDT
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MAHLE Metal Leve S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was BRL 1,724.1 million compared to BRL 934.7 million a year ago. Net income was BRL 296.2 million compared to net loss of BRL 18 million 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.