Vivara Participações S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 06:49 pm EST
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Vivara Participações S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was BRL 457.31 million compared to BRL 392.88 million a year ago. Net income was BRL 76.54 million compared to BRL 68.13 million a year ago. Basic earnings per share from continuing operations was BRL 0.32411 compared to BRL 0.2887 a year ago. Diluted earnings per share from continuing operations was BRL 0.32409 compared to BRL 0.28863 a year ago.
For the nine months, revenue was BRL 1,408.85 million compared to BRL 1,199.69 million a year ago. Net income was BRL 225.09 million compared to BRL 203.1 million a year ago. Basic earnings per share from continuing operations was BRL 0.95626 compared to BRL 0.86068 a year ago. Diluted earnings per share from continuing operations was BRL 0.95597 compared to BRL 0.86045 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. 
