Unicasa Indústria de Móveis S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 06:13 pm EDT
Share
Unicasa Indústria de Móveis 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 72.1 million compared to BRL 60.21 million a year ago. Revenue was BRL 58.14 million compared to BRL 48.22 million a year ago. Net income was BRL 10.46 million compared to BRL 5.29 million a year ago. Basic earnings per share from continuing operations was BRL 0.16 compared to BRL 0.08 a year ago.
For the six months, sales was BRL 146.01 million compared to BRL 113.51 million a year ago. Revenue was BRL 116.87 million compared to BRL 90.52 million a year ago. Net income was BRL 20.63 million compared to BRL 9.03 million a year ago. Basic earnings per share from continuing operations was BRL 0.31 compared to BRL 0.14 a year ago.
Unicasa Industria de Moveis SA is a Brazil-based company engaged in the production and trade of furniture. The Company is active in the manufacture, sale, import and export of furniture made of wood, iron, steel and aluminum. It is primarily involved in the production of furniture made of medium density fiberboard (MDF) and medium density particleboard (MDP). Additionally, the Company sells accessories and decoration items. Its product portfolio include a range of furnishing solutions, including kitchens, bedrooms, closets, home theaters, laundries and toilets, as well as furniture equipment for offices and children rooms. The Company has a network of stores in Brazil and abroad, which sell its products under brand names Dell Anno, Favorita, New and Telasul Madeira. It operates an industrial park located in the city of Bento Goncalves, in the Brazilian state of Rio Grande do Sul.
UNICASA INDÚSTRIA DE MÓVEIS S.A. 