São Martinho S.A. Reports Earnings Results for the First Quarter Ended June 30, 2022
August 07, 2022
Share
São Martinho S.A. reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was BRL 1,697.46 million compared to BRL 1,287.78 million a year ago. Net income was BRL 221.58 million compared to BRL 190.09 million a year ago. Basic earnings per share from continuing operations was BRL 0.6397 compared to BRL 0.5488 a year ago.
Sao Martinho SA is a Brazil-based sugar and energy company. The Companyâs operations include the production and marketing of sugar, ethanol, electricity and other products from sugarcane. Sao Martinho SAâs operations comprise four mills: Sao Martinho, Santa Cruz and Iracema, as well as Boa Vista. The Companyâs portfolio includes multiple types of sugar, including white, very high polarity and very-very high polarity sugar (VHP and VVHP). Sao Martinho SA produces hydrous ethanol (for ethanol-fueled vehicles), anhydrous ethanol (used as a fuel additive) and industrial grade ethanol for other purposes. It also generates electricity from sugarcane bagasse. The Company has several subsidiaries, including Sao Martinho Terras Agricolas SA, Sao Martinho Terras Imobiliarias SA, Bioenergia Sao Martinho Ltda and Bioenergetica Santa Cruz SA.
SÃO MARTINHO S.A. 
