João Fortes Engenharia S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 19.77 million compared to negative sales of BRL 12.12 million a year ago. Net income was BRL 1.16 million compared to net loss of BRL 16.71 million a year ago. Basic earnings per share from continuing operations was BRL 0.055 compared to basic loss per share from continuing operations of BRL 0.794 a year ago.
For the six months, sales was BRL 62.16 million compared to negative sales of BRL 6.11 million a year ago. Net income was BRL 41.27 million compared to net loss of BRL 55.32 million a year ago.