Ânima Holding S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 07:04 am EDT
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Ânima Holding S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was BRL 101.81 million compared to BRL 81.36 million a year ago. Basic loss per share from continuing operations was BRL 0.27 compared to BRL 0.21 a year ago. Diluted loss per share from continuing operations was BRL 0.27 compared to BRL 0.21 a year ago.
For the six months, net loss was BRL 179.02 million compared to BRL 171.48 million a year ago. Basic loss per share from continuing operations was BRL 0.47 compared to BRL 0.45 a year ago. Diluted loss per share from continuing operations was BRL 0.47 compared to BRL 0.45 a year ago.
Anima Holding SA, formerly GAEC Educacao SA, is a Brazil-based company principally engaged in the educational sector. The Company's activities are divided into two segments: Higher education and Vertical management. The Higher education division focuses on developing formal and distance education services by offering college degrees and professional specialization courses, including undergraduate, graduate, masters, doctorate and extension degrees. The Vertical management division offers congresses, forums, seminars, specialization and in-company courses to professionals, as well as publishes books and magazines related to management and business. Its educational institutions are located in the states of Minas Gerais and Sao Paulo, Brazil. The Company operates through a number of subsidiaries, such as Minas Gerais Educacao SA, Instituto Mineiro de Educacao e Cultura Uni-BH SA, Posse Gestao Patrimonial SA and HSM do Brasil SA.