SIMPAR S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022
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SIMPAR S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 5,463.42 million compared to BRL 3,149.07 million a year ago. Net income was BRL 101.98 million compared to BRL 267.25 million a year ago. Basic earnings per share from continuing operations was BRL 0.1164 compared to BRL 0.3325 a year ago. Diluted earnings per share from continuing operations was BRL 0.115 compared to BRL 0.3333 a year ago.
For the six months, sales was BRL 10,053.71 million compared to BRL 5,769.17 million a year ago. Net income was BRL 293.65 million compared to BRL 361.49 million a year ago. Basic earnings per share from continuing operations was BRL 0.3549 compared to BRL 0.449 a year ago. Diluted earnings per share from continuing operations was BRL 0.3501.
Simpar SA is a Brazil-based provider of financial investment services. It operates as a holding company for JSL Group. Through its subsidiaries, the Company provides services divided in seven segments: JSL Logistica, dedicated to the transportation and logistics sectors; Vamos, involved in leasing, buying, and selling trucks, machinery and new and used equipment; Movida, engaged in in the light vehicle rental and fleet management sector; CS Brasil, which provides services to public agencies and companies, including fleet management and outsourcing, urban passenger transport and urban cleaning services; Original Concessionarias, engaged in sale of Volkswagen, FIAT and Ford cars and parts; BBC, offering financial services, such as leasing, issuing and administration of credit cards and processing of electronic payments; and Holding and others, composed mainly by entities located abroad, used as a fundraising vehicles.
SIMPAR S.A. 
