T4f Entretenimento S.A. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 08, 2019 at 06:10 pm EDT
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T4F Entretenimento S.A. Announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was BRL 120.604 million compared to BRL 194.347 million a year ago. Operating loss was BRL 19.396 million compared to operating Income of BRL 14.596 million a year ago. Net loss was BRL 34.285 million compared to net income of BRL 4.855 million 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. 