Mangels Industrial S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BRL 263.47 million compared to BRL 237.69 million a year ago. Net income was BRL 0.584 million compared to net loss of BRL 6.46 million a year ago.
For the nine months, revenue was BRL 800.68 million compared to BRL 648.96 million a year ago. Net income was BRL 62.24 million compared to BRL 129.02 million a year ago.