São Martinho S.A. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was BRL 1,342.59 million compared to BRL 1,697.46 million a year ago. Net income was BRL 220.27 million compared to BRL 221.58 million a year ago.

Basic earnings per share from continuing operations was BRL 0.6359 compared to BRL 0.6397 a year ago.