trending Market Intelligence /marketintelligence/en/news-insights/trending/N3D9DPthkAx6CX2DjaK9vA2 content esgSubNav
In This List

Estrela Q1 loss widens 20.0% YOY

Blog

Insight Weekly: Labor market recovery hurdles; power market integration; nonbank M&A hunt

Blog

Investment Banking Essentials Newsletter: October Edition

Blog

Banking Essentials Newsletter: October Edition

Blog

ESG & Technology: Impacts and Implications


Estrela Q1 loss widens 20.0% YOY

Manufatura de Brinquedos Estrela SA said its first-quarter normalized net income was a loss of 12.91 reais per share, compared with a loss of 10.75 reais per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 10.4 million reais, compared with a loss of 8.7 million reais in the year-earlier period.

The normalized profit margin dropped to negative 52.8% from negative 44.7% in the year-earlier period.

Total revenue increased year over year to 19.7 million reais from 19.4 million reais, and total operating expenses totaled 28.4 million reais, compared with 28.7 million reais in the year-earlier period.

Reported net income came to a loss of 16.7 million reais, or a loss of 20.65 reais per share, compared to a loss of 13.9 million reais, or a loss of 17.20 reais per share, in the prior-year period.

As of May 11, US$1 was equivalent to 3.46 reais.