RNI Negócios Imobiliários S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022 at 07:25 pm EDT
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RNI Negócios Imobiliários S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was BRL 133.2 million compared to BRL 89.57 million a year ago. Net income was BRL 1.95 million compared to BRL 2.57 million a year ago. Basic earnings per share from continuing operations was BRL 0.04616 compared to BRL 0.0609 a year ago.
RNI Negocios Imobiliarios SA, formerly Rodobens Negocios Imobiliarios SA, is a Brazil-based company engaged in the real sector. The Company is active in the purchase and sale of real estate properties; subdivision of land; development and construction of real estate properties; provision of services to third parties, and management of own or third party mortgage receivables portfolio. The Company has a number of subsidiaries, including Moradas Rodobens Incorporadora Imobiliaria - Lages III - SPE Ltda, Rodobens Incorporadora Imobiliaria 318 - SPE Ltda, Rodobens Moradas Incorporadora Imobiliaria - Pacatuba I - SPE Ltda, Sistema Facil Campinas I SPE Ltda, Sistema Facil Tambore 8 Villaggio SPE Ltda and Terra Nova Residence XVIII - SPE Ltda.
RNI NEGÓCIOS IMOBILIÁRIOS S.A. 
