T4F Entretenimento S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 05:36 pm EDT
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T4F Entretenimento 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 50.15 million compared to BRL 1.57 million a year ago. Net income was BRL 8.34 million compared to net loss of BRL 14.24 million a year ago. Basic earnings per share from continuing operations was BRL 0.1237 compared to basic loss per share from continuing operations of BRL 0.2112 a year ago. Diluted earnings per share from continuing operations was BRL 0.1237 compared to diluted loss per share from continuing operations of BRL 0.2112 a year ago.
For the six months, sales was BRL 228.28 million compared to BRL 4.26 million a year ago. Net income was BRL 14.6 million compared to net loss of BRL 25.3 million a year ago. Basic earnings per share from continuing operations was BRL 0.2166 compared to basic loss per share from continuing operations of BRL 0.3753 a year ago. Diluted earnings per share from continuing operations was BRL 0.2166 compared to diluted loss per share from continuing operations of BRL 0.3753 a year ago.
T4F Entretenimento SA, formerly CIE Brasil SA, is a Brazil-based public company which engages in the Live Entertainment Sector. The Company is active in the administration, promotion, organization, production, agency, programming and implementation of activities related to live entertainment, such as sports, arts, culture, concerts and shows, as well as in the administration and operation of venues, such as theaters, gymnasiums and stadiums. The Company operates different levels of live entertainment value chain, including: venue operation; ticketing; food, beverage and merchandise sales; and corporate sponsorships. Nowadays, the Company operates Teatro Opera Orbis Seguros, in Buenos Aires, and Teatro Renault, in Sao Paulo.
T4F ENTRETENIMENTO S.A. 
