Bicicletas Monark S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was BRL 3.31 million compared to BRL 5.18 million a year ago. Net income was BRL 7.27 million compared to BRL 8.42 million a year ago. Basic earnings per share from continuing operations was BRL 14.63548 compared to BRL 18.52596 a year ago. Diluted earnings per share from continuing operations was BRL 14.63548 compared to BRL 18.52596 a year ago.
For the six months, revenue was BRL 7.3 million compared to BRL 8.36 million a year ago. Net income was BRL 10.6 million compared to BRL 9.99 million a year ago. Basic earnings per share from continuing operations was BRL 23.3119 compared to BRL 21.96281 a year ago. Diluted earnings per share from continuing operations was BRL 23.3119 compared to BRL 21.96281 a year ago.