SIMPAR S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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SIMPAR S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 7,563.64 million compared to BRL 5,463.42 million a year ago. Net income was BRL 12.33 million compared to BRL 101.98 million a year ago. Basic earnings per share from continuing operations was BRL 0.0149 compared to BRL 0.1164 a year ago. Diluted earnings per share from continuing operations was BRL 0.0149 compared to BRL 0.115 a year ago.
For the six months, sales was BRL 15,003.68 million compared to BRL 9,917.34 million a year ago. Net income was BRL 18.52 million compared to BRL 293.65 million a year ago. Basic earnings per share from continuing operations was BRL 0.0224 compared to BRL 0.3549 a year ago. Diluted earnings per share from continuing operations was BRL 0.0224 compared to BRL 0.3501 a year ago.
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. 
