Raízen S.A. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was BRL 59,455.91 million compared to BRL 64,238.16 million a year ago. Net loss was BRL 19.03 million compared to BRL 880.12 million a year ago. Basic loss per share from continuing operations was BRL 0.00184 compared to BRL 0.08529 a year ago. Diluted loss per share from continuing operations was BRL 0.00184.
For the six months, sales was BRL 108,277.91 million compared to BRL 130,496.14 million a year ago. Net income was BRL 618.72 million compared to net loss of BRL 328.22 million a year ago. Basic earnings per share from continuing operations was BRL 0.05994 compared to basic loss per share from continuing operations of BRL 0.03179 a year ago. Diluted earnings per share from continuing operations was BRL 0.0599.