Vivara Participações S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023 at 07:06 pm EDT
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Vivara Participações S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was BRL 559.91 million compared to BRL 469.39 million a year ago. Net income was BRL 109.98 million compared to BRL 89.05 million a year ago. Basic earnings per share from continuing operations was BRL 0.46716 compared to BRL 0.37724 a year ago. Diluted earnings per share from continuing operations was BRL 0.46703 compared to BRL 0.37714 a year ago.
For the six months, revenue was BRL 951.54 million compared to BRL 806.81 million a year ago. Net income was BRL 148.56 million compared to BRL 134.97 million a year ago. Basic earnings per share from continuing operations was BRL 0.63098 compared to BRL 0.57177 a year ago. Diluted earnings per share from continuing operations was BRL 0.63082 compared to BRL 0.57162 a year ago.
Vivara Participacoes SA is a Brazil-based company active in the luxury industry. It specializes in jewels that manufactures and sells across the country through its chain of more than 120 stores located in shopping malls in major Brazilian cities, such as Sao Paulo, Rio de Janeiro, Manaus, Belo Horizonte and Florianopolis, among others.
VIVARA PARTICIPAÇÕES S.A. 
