Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 07:45 pm EDT
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Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was BRL 142.49 million compared to BRL 100.03 million a year ago. Basic earnings per share from continuing operations was BRL 0.14705 compared to BRL 0.1049 a year ago. Diluted earnings per share from continuing operations was BRL 0.14705 compared to BRL 0.1049 a year ago.
For the six months, net income was BRL 264.35 million compared to BRL 173.27 million a year ago. Basic earnings per share from continuing operations was BRL 0.27281 compared to BRL 0.1817 a year ago. Diluted earnings per share from continuing operations was BRL 0.27281 compared to BRL 0.1817 a year ago.
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA is a Brazil-based public company which carries out its activities through three segments: truck, machinery and equipment rental; truck, machinery and equipment dealerships; and truck customization. The truck, machinery and equipment rental segment comprises fleet outsourcing through the leasing of trucks, machines and equipment and fleet management. The truck, machinery and equipment dealership segment comprises the commercialization of new and pre-owned trucks, machinery and equipment, as well as parts, machines and accessories, provision of mechanics, bodywork and painting services. The truck customization segment comprises customization services, and customized solutions for heavy vehicles.