Mangels Industrial S.A. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was BRL 226.35 million compared to BRL 235.21 million a year ago. Net loss was BRL 7.34 million compared to net income of BRL 6.85 million a year ago.

Basic loss per share from continuing operations was BRL 1.1926 compared to basic earnings per share from continuing operations of BRL 1.1134 a year ago.