Results for Telefônica Brasil, Minerva, Cury, Armac, BrasilAgro, Enjoei, CVC, Camil, Frasle

Results for Telefônica Brasil, Minerva, Cury, Armac, BrasilAgro, Enjoei, CVC, Camil, Frasle

Sent at 9:20 pm

Telefônica Brasil made a profit of R$835 million

Telefônica Brasil (VIVT3) generated net income of R$ 835 million in the first quarter of 2023 (Q1 2023), an increase of 11.3% compared to Q1 2022.

The company’s total Ebitda was R$4.94 billion, up 9.6% compared to Q1 2022.

Total net revenue was R$ 12.7 billion in the first quarter of 2020, up 12% year-on-year.

Minerva’s total earnings are R$114 million

Minerva (BEEF3) generated net income of R$114 million in the first quarter of 2023, a slight decrease of 0.5% compared to the first quarter of 2022.

Ebitda for the first quarter of 2013 was R$531.9 million, down 17.7% year-on-year.

Net revenue was R$ 6.38 billion in the first quarter of 2020, down 11.7% year-on-year.

Korean profit is growing

Construction company Cury (CURY3) reported a net income of R$94.1 million in the first quarter of 2023. This value corresponds to an increase of 48.4% compared to the first quarter of 2022.

The percentage attributable to Cury (Cury’s share) of net income was R$91.8 million, up 48.3% from Q1 ’22.

Adjusted Ebitda was R$122.4 million, up 51.9% year-on-year.

In Q1 2013, Cury’s net revenue grew 33% year-over-year, to R$595 million.

toss profit

Armac (ARML3) reported adjusted net income of R$ 26.2 million in Q1 2013. This value corresponds to a decrease of 6.2% compared to Q1 2022.

Ebitda was valued at R$135.4 million, up 50.9% compared to Q1 2022.

Adjusted Ebitda, which excludes the result from the sale of assets, was R$119.9 million, an increase of 36.8% compared to Q1 2022.

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Brazil’s loss

BrasilAgro (AGRO3) reported a net loss of R$ 3.3 million in the third quarter of the 2022/23 crop year (Q3 2023). This brings back a profit of R$81.7 million over the same period last year.

Adjusted Ebitda totaled R$44.2 million, a growth of 107% compared to Q3 2020.

The company’s net revenue grew by 8% to R$190 million.

Damage caused by seasickness

Enjoei (ENJU3) reported a net loss of R$9.03 million in the first quarter of 2023 (Q1 of 23). This value corresponds to a decrease of 71% in relation to the loss of (1Q22).

Adjusted Ebitda was negative at R$5.6 million. In the first quarter of ’22, adjusted Ebitda was negative of R$25.7 million.

Net revenue grew 17.7% year-on-year to R$35.9 million.

Loss of CVC

CVC Brasil (CVCB3) recorded a net loss of R$127.9 million in the first quarter of 2023. This amount corresponds to a decrease of 23.3% in relation to a loss of R$166.8 million in the first quarter of 2022.

Ebitda totaled R$15.8 million, down 52.5% year-over-year.

Net revenue increased 0.9% to R$ 295.5 million.

Camille won

Camil (CAML3) revealed this Tuesday, the 9th, that it achieved a net profit of R$ 15.9 million in the fourth fiscal quarter of 2022. This value equates to a decrease of 88.9% compared to the same period of the previous year.

Adjusted Ebitda was R$157 million, up 7.7% year-over-year.

Frasle Mobility won

Frasle Mobility (FRAS3), the new name of Fras-le, generated a net income of R$90.4 million in the first quarter of 2023. This amount corresponds to a growth of 224.4% compared to the first quarter of 2022.

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Adjusted Ebitda was R$177.1 million, up 67% year-over-year.

Net revenue was R$838.8 million, up 19% year-on-year.

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About the Author: Camelia Kirk

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