WEG S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 1,368.4 million compared to BRL 912.97 million a year ago. Basic earnings per share from continuing operations was BRL 0.3261 compared to BRL 0.21758 a year ago. Diluted earnings per share from continuing operations was BRL 0.32603 compared to BRL 0.21753 a year ago.
For the six months, net income was BRL 2,675.05 million compared to BRL 1,856.87 million a year ago. Basic earnings per share from continuing operations was BRL 0.63749 compared to BRL 0.44253 a year ago. Diluted earnings per share from continuing operations was BRL 0.63735 compared to BRL 0.44243 a year ago.