T4F Entretenimento S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 04:52 pm EST
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T4F Entretenimento S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 5.59 million compared to BRL 2.73 million a year ago. Net loss was BRL 18.52 million compared to BRL 12.56 million a year ago. Basic loss per share from continuing operations was BRL 0.27465 compared to BRL 0.1864 a year ago. Diluted loss per share from continuing operations was BRL 0.27465.
For the nine months, sales was BRL 9.84 million compared to BRL 37.87 million a year ago. Net loss was BRL 43.82 million compared to BRL 51.83 million a year ago. Basic loss per share from continuing operations was BRL 0.65 compared to BRL 0.76935 a year ago. Diluted loss per share from continuing operations was BRL 0.65.
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. 
