São Martinho S.A. Reports Earnings Results for the Full Year Ended March 31, 2019
June 24, 2019 at 07:15 pm EDT
Share
São Martinho S.A. Announced earnings results for the full year ended March 31, 2019. For the full year, the company announced sales was BRL 3,360.362 million compared to BRL 3,435.700 million a year ago. Operating income was BRL 698.022 million compared to BRL 799.681 million a year ago. Net income was BRL 314.045 million compared to BRL 491.706 million a year ago. Basic earnings per share was BRL 0.961 compared to BRL 1.4748 a year ago. Diluted earnings per share was BRL 0.961 compared to BRL 1.4709 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. 
