Paranapanema S.A. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was BRL 2,005.99 million compared to BRL 4,714.96 million a year ago. Net loss was BRL 2,701.08 million compared to BRL 801.11 million a year ago.

Basic loss per share from continuing operations was BRL 66.35926 compared to BRL 19.68126 a year ago. Diluted loss per share from continuing operations was BRL 66.35926 compared to BRL 19.68126 a year ago.