Mangels Industrial S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was BRL 243.55 million compared to BRL 276.63 million a year ago. Net income was BRL 18.33 million compared to net loss of BRL 18.72 million a year ago.
For the six months, revenue was BRL 478.76 million compared to BRL 537.21 million a year ago. Net income was BRL 25.18 million compared to BRL 61.65 million a year ago.