Terra Santa Agro S.A. announced consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net revenue was BRL 359.643 million against BRL 340.303 million a year ago. Operating income – EBIT was BRL 18.492 million against BRL 50.567 million a year ago. Income before tax and social contribution was BRL 5.429 million against BRL 40.371 million a year ago. Profit for the period was BRL 38.014 million compared to BRL 28.915 million a year ago. EBITDA was BRL 30.718 million against BRL 60.780 million a year ago. Adjusted EBITDA was BRL 54.240 million against BRL 43.532 million a year ago. Net cash provided by operating activities was BRL 5.299 million against BRL 18.494 million a year ago. Acquisition of property, plant and equipment was BRL 67 million against BRL 18.494 million a year ago. Acquisition of fixed assets was BRL 18 million. Net Asset Value per share was BRL 61.40.