RNI Negócios Imobiliários S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 06:14 pm EST
Share
RNI Negócios Imobiliários S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was BRL 7.15 million compared to BRL 2.4 million a year ago. Basic earnings per share from continuing operations was BRL 0.16944 compared to BRL 0.05687 a year ago.
For the nine months, net income was BRL 15.12 million compared to BRL 6.35 million a year ago. Basic earnings per share from continuing operations was BRL 0.35829 compared to BRL 0.15046 a year ago.
RNI Negocios Imobiliarios SA, formerly Rodobens Negocios Imobiliarios SA, is a Brazil-based company engaged in the real sector. The Company is active in the purchase and sale of real estate properties; subdivision of land; development and construction of real estate properties; provision of services to third parties, and management of own or third party mortgage receivables portfolio. The Company has a number of subsidiaries, including Moradas Rodobens Incorporadora Imobiliaria - Lages III - SPE Ltda, Rodobens Incorporadora Imobiliaria 318 - SPE Ltda, Rodobens Moradas Incorporadora Imobiliaria - Pacatuba I - SPE Ltda, Sistema Facil Campinas I SPE Ltda, Sistema Facil Tambore 8 Villaggio SPE Ltda and Terra Nova Residence XVIII - SPE Ltda.