trending Market Intelligence /marketintelligence/en/news-insights/trending/p0bfFFsoyYAOeI6Ok7OSsw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Josapar swings to profit in Q1


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Josapar swings to profit in Q1

JOSAPAR Joaquim Oliveira S.A. Participações said its first-quarter normalized net income amounted to 18 Brazilian centavos per share, compared with a loss of 7 centavos per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.9 million reais, compared with a loss of 729,750 reais in the year-earlier period.

The normalized profit margin increased to 0.9% from negative 0.4% in the year-earlier period.

Total revenue climbed 5.1% year over year to 212.4 million reais from 202.1 million reais, and total operating expenses grew from the prior-year period to 199.0 million reais from 195.6 million reais.

Reported net income totaled 1.6 million reais, or 15 centavos per share, compared to a loss of 1.5 million reais, or a loss of 14 centavos per share, in the prior-year period.

As of May 15, US$1 was equivalent to 2.98 reais.