Allied Tecnologia S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was BRL 1,362.53 million compared to BRL 1,657.32 million a year ago. Net income was BRL 23.39 million compared to BRL 21.08 million a year ago.

For the full year, the company reported sales was BRL 5,127.78 million compared to BRL 5,738.53 million a year ago. Net income was BRL 76.15 million compared to BRL 288.23 million a year ago. Basic earnings per share from continuing operations was BRL 0.817 compared to BRL 3.092 a year ago. Diluted earnings per share from continuing operations was BRL 0.803 compared to BRL 3.04 a year ago.