International Meal Company Alimentação S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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International Meal Company Alimentação S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 645.96 million compared to BRL 511.09 million a year ago. Net loss was BRL 4.48 million compared to BRL 4.45 million a year ago. Basic loss per share from continuing operations was BRL 0.03168 compared to BRL 0.05064 a year ago. Basic loss per share was BRL 0.01568 compared to BRL 0.01123 a year ago.
For the nine months, sales was BRL 1,690.47 million compared to BRL 1,235.38 million a year ago. Net loss was BRL 49.98 million compared to BRL 38.75 million a year ago. Basic loss per share from continuing operations was BRL 0.18497 compared to BRL 0.20055 a year ago. Basic loss per share was BRL 0.17509 compared to BRL 0.13103 a year ago. Diluted loss per share was BRL 0.17509.
International Meal Company Alimentacao SA, formerly known as RA Catering Ltda, is a Brazil-based company engaged in fast-food restaurant sector. The Company is active in the operation of restaurants, bars and cafes on motorways, airports, and shopping malls. The Company also provides catering services for airlines. It has operations in Latin America. The Company operates shops in shopping centers under the brand names Viena, Viena Express, Grano, Viena K Express, Viena Cafe, V Cafe and Viena Snacks, on highways under the banner Frango Assado, and at airports under the brands Aeromeals, Black Coffee, Brunella and Bistrot Mosaico, among others.