Raízen S.A. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was BRL 58,491.71 million compared to BRL 60,368.35 million a year ago. Net income was BRL 779.2 million compared to BRL 174.18 million a year ago. Basic earnings per share from continuing operations was BRL 0.07546 compared to BRL 0.01688 a year ago. Diluted earnings per share from continuing operations was BRL 0.07531 compared to BRL 0.01687 a year ago.
For the nine months, sales was BRL 166,769.61 million compared to BRL 190,864.48 million a year ago. Net income was BRL 1,397.93 million compared to net loss of BRL 154.04 million a year ago. Basic earnings per share from continuing operations was BRL 0.13541 compared to basic loss per share from continuing operations of BRL 0.01492 a year ago. Diluted earnings per share from continuing operations was BRL 0.13521.