Paranapanema S.A. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was BRL 972.82 million compared to BRL 2,005.99 million a year ago. Net loss was BRL 1,389.93 million compared to BRL 2,701.08 million a year ago.

Basic loss per share from continuing operations was BRL 32.02435 compared to BRL 62.23351 a year ago. Diluted loss per share from continuing operations was BRL 32.02435 compared to BRL 62.23351 a year ago.